Hess corporation has announced a deal to sell its interests in offshore Equatorial Guinea assets to Kosmos Energy and Trident Energy for $650 million. The move out of the West African country represents the Hess strategy to divest out of higher cost assets in favouring of...
Kosmos Energy (NYSE:KOS) is set to make a secondary listing on the London Stock Exchange (LSE) by the end of September, in a bid to attract European investors in the company. The US-based oil and gas exploration firm will join BP on the London exchange, which...
BP (LSE:BP) and its JV partner Kosmos Energy (NYSE:KOS) have found significant gas reserves after a well off the coast of Senegal was successfully drilled. The well, named Yakaar-1, was drilled to a total depth of around 4,700 metres in nearly 2,550 metres of water in...
British oil giant BP has invested US$916 million across two gas exploration ventures in western Africa. Partnering American company Kosmos Energy, BP will take a 62% interest in exploration blocks already established by Kosmos, and a 32.5% working interest in its Senegal blocks. The agreements cover acreage...
Kosmos Energy (NYSE:KOS) today announced a significant gas discovery at its offshore Senegal well. The American exploration firm reported that its Teranga-1 exploration well was successfully drilled to 4,485 metres and encountered 31m of net gas pay in a good quality reservoir. The results confirmed...