Blue Gold Limited has officially withdrawn its legal actions pending before the courts in Ghana, signalling a major shift in strategy as it moves to pursue international arbitration instead.
The company confirmed that it has discontinued all ongoing cases within the Ghanaian judicial system, opting to resolve the dispute through international legal mechanisms. The decision marks a significant development in what has been a closely watched matter involving regulatory and contractual disagreements.
According to sources familiar with the case, Blue Gold Limited believes that international arbitration offers a more neutral and structured platform to address its claims. The company is expected to initiate proceedings under the relevant international arbitration framework in the coming weeks.
While details of the arbitration process remain limited, industry observers say the move could escalate the dispute beyond Ghana’s borders and potentially draw in international legal bodies. Arbitration proceedings are typically conducted behind closed doors and can result in binding decisions enforceable across multiple jurisdictions.
Blue Gold Limited has maintained that its actions are aimed at safeguarding its investments and ensuring compliance with contractual obligations. By stepping away from local litigation, the firm appears to be seeking a faster and more globally recognised resolution process.
Stakeholders are now watching closely to see how the international arbitration process unfolds and what implications it may have for the company’s operations and its engagements within Ghana.
