Kosmos Energy
Recent Articles
Tuesday, February 09, 2010 - Ghana has blocked the $4 billion sale of a stake in a huge oil field, foiling months of talks between potential buyer ExxonMobil and the stake's owner, Kosmos Energy.
Thursday, January 21, 2010 - Results of drilling, wireline logs and samples of reservoir fluids establish that Tweneboa is a major oil and gas-condensate field.
Wednesday, January 13, 2010 - Kosmos Energy's 2009 capital raise exceeded $1 billion, the funds of which primarily support Kosmos' share of phase-one development of the Jubilee oil field offshore Ghana.
Thursday, January 07, 2010 - BP has abandoned plans to bid for Kosmos Energy's stake in the Jubilee oil field in Ghana, Bloomberg News reported Wednesday, citing two people familiar with the matter.
Tuesday, December 08, 2009 - Kosmos' Odum-2 appraisal well has confirmed the Odum oil discovery made in early 2008 offshore the Republic of Ghana on the West Cape Three Points Block.
Wednesday, October 28, 2009 - Tullow Oil Ghana will start producing from the offshore Jubilee oil field in just over a year, an official said Wednesday.
Monday, October 26, 2009 - ExxonMobil is studying a possible entry in Tullow's Ugandan project, people familiar with the matter said Monday, as oil majors seek to expand into new African territories.
Thursday, October 22, 2009 - Bloomberg reports that industry heavyweight BP may make a bid for Kosmos' stake in the Jubilee offshore development and has already tapped Goldman Sachs as its advisor.
Monday, October 19, 2009 - Until relatively recently, big oil gave little thought to sub-Saharan Africa beyond the coast of Nigeria and Angola.
CNOOC-StatoilHydro Deal Could Mark China's Entry into US GOM
Friday, October 16, 2009 - CNOOC is reportedly in talks with StatoilHydro over a deal that would open the U.S. Gulf of Mexico to China's oil companies for the first time.
Thursday, October 15, 2009 - The Mahogany-4 appraisal well, offshore Ghana, has successfully encountered 43 meters of net pay and has further extended the massive Jubilee field.
Monday, October 12, 2009 - Kosmos Energy confirmed it will sell its stake in a significant oil discovery off the coast of Ghana to ExxonMobil, the first confirmation from either company of the deal, said to be worth $4 billion.
Monday, August 31, 2009 - GATE was selected by the Jubilee Field Unit Partners to conducted an integrated water injection system review at the Jubilee Field Development.
Tuesday, July 28, 2009 - Ghana, riding high from President Barack Obama's visit this month, quietly signed a long-awaited development plan for one of the biggest oil discoveries in West Africa in the past decade.
Wednesday, July 15, 2009 - Kosmos Energy is proceeding with plans to sell its stake in the large Jubilee oil field offshore Ghana despite securing $750 million in loans Tuesday to fund development, two people familiar with the matter told Dow Jones Newswires Wednesday.
Wednesday, July 15, 2009 - In support of its decision to fast-track the project early in 2008, Tullow has received formal approval from the Government of Ghana for the Jubilee Phase 1 Development Plan.
Tuesday, July 14, 2009 - Kosmos Energy has secured financing to fully fund the Company's share of Jubilee's phase-one development, offshore Ghana.
Thursday, June 18, 2009 - Shell is said to be looking at stakes put up for sale by Kosmos in a large Ghanaian oil field, the latest major showing interest in West Africa's new oil producing nation.
Wednesday, June 17, 2009 - FMC Technologies will design and manufacture subsea production systems for use in the Jubilee deepwater development offshore Ghana.
Wednesday, March 25, 2009 - Tullow announced that the deeper section of the Tweneboa-1 exploration well offshore Ghana and the Karuka-2 exploration well drilling the Vundu prospect in Block 2 Uganda have both encountered oil bearing sands.
