Tullow rides high on court ruling

THE Special Chamber of the International Tribunal of the Law of the Sea in Hamburg has rejected Ivory Coast's request that Ghana be ordered to suspend all oil exploration and exploitation in the disputed zone between the two countries, which includes Tullow Oil's TEN project.

While the tribunal also ruled that further drilling would not be allowed until the final ruling, which is expected in late 2017, London-listed Tullow has announced that the ruling should allow the