Only one third of Africa's maritime borders have been legally delimited, and with the growth of offshore oil and gas activity, has resulted in numerous border disputes. Many of these disputes will be resolved through international arbitration, which will last several years and could lead to offshore license holders having to renegotiate contracts. Choosing to explore in part of the block that is disputed therefore carries heavy risks that should be addressed prior to any discovery.
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Insight | Jun 2015
Maritime border disputes proliferate in Sub-Saharan Africa
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