Kosmos Energy Company News

Recent Articles

Results 50 articles shown

Sidetrack Success Follows Tornado Dump Flood in Gulf of Mexico
The Tornado Attic sidetrack well in the deepwater Gulf of Mexico discovered pay in line with pre-drill expectations.
8:00 PM EST | June 03, 2021
Seadrill Wins GOM Contracts
Seadrill Ltd has added approximately $52 million of backlog following the end of the third quarter of 2020.
7:00 PM EST | November 22, 2020
Siemens Alum Joins Phillips 66 Board
The board of Phillips 66 has named Lisa A. Davis an independent director of the company.
8:00 PM EST | October 11, 2020
Kosmos' Greater Tortue Ahmeyim Project Hits Delays
First gas is now anticipated in the first half of 2023.
8:00 PM EST | April 08, 2020
Kosmos Plans More than $235MM in Cost Savings
Responding to volatile market conditions, Kosmos Energy on Tuesday unveiled an action plan to cut spending by more than $235 million.
8:00 PM EST | March 17, 2020
Kosmos’ Ghana Performance Boosts 1P Reserves
It marks the seventh consecutive year of greater than 100 percent of production replacement for Kosmos.
7:00 PM EST | February 12, 2020
Kosmos Abandons Oldfield Well in the Gulf
Kosmos expects to record about $24 million of exploration expense related to the drilling project.
7:00 PM EST | January 29, 2020
New Gas Finds Creating Opportunity in West Africa
It is expected that many of the gas discoveries will help displace oil as a source of more sustainable fuel in the regional mix.
7:00 PM EST | January 14, 2020
Kosmos Hits Oil Pay in Equatorial Guinea
The discovery is the first well in the campaign by Kosmos.
7:00 PM EST | November 03, 2019
Offshore Senegal Discovery Could Support LNG Project
Kosmos reported that the Yakaar-2 appraisal well confirms a world-scale natural gas resource.
8:00 PM EST | September 22, 2019
Gulf of Mexico Lease Sale 252 Saw $244.3MM in High Bids
Thirty companies participated and submitted almost $284 million in all bids for acreage in the federal waters of the Gulf of Mexico.
8:00 PM EST | March 20, 2019
Kosmos Energy to Relocate to Delaware
Kosmos Energy has filed with the US Securities and Exchange Commission to redomesticate from Bermuda to the US.
7:00 PM EST | December 20, 2018
Kosmos Energy Expands into Gulf of Mexico with $1.23 bln DGE Buy
Kosmos Energy has agreed to acquire Deep Gulf Energy (DGE) from its private equity owner for $1.23 billion, expanding the deepwater oil and gas firm's operations into the Gulf of Mexico.
8:00 PM EST | August 05, 2018
Forget Tech, Big Oil is Doling Out America's Fattest Paychecks
Move over Wall Street titans and Silicon Valley giants. When it comes to paychecks, Big Oil now looks like the best bet for U.S. workers.
8:00 PM EST | July 04, 2018
BP's West Africa Partner Kosmos To List In London By End-September
Kosmos Energy will list on the London Stock Exchange by the end of September in a bid to attract more European investors.
8:00 PM EST | August 01, 2017
BP, Kosmos Make Major Gas Find Off Coast Of Senegal
BP and joint venture partner Kosmos Energy reveal a major gas discovery off Senegal.
8:00 PM EST | May 07, 2017
BP to Create New LNG Hub in Africa with Latest Kosmos Buy
BP signs agreements with Kosmos Energy to acquire a working interest of Kosmos' exploration blocks in Mauritania and a stake in Kosmos' Senegal exploration blocks.
7:00 PM EST | December 18, 2016
Tullow Starts TEN Production Offshore Ghana
Tullow Oil plc flows first oil from the TEN field offshore Ghana, on time and on budget, 3 years after the Plan of Development was approved by the Government of Ghana in May 2013.
8:00 PM EST | August 17, 2016
Oil, Gas Companies Tighten Cash Flow at Expense of Future Growth
Oil and gas companies will achieve cash flow neutrality at $50 per barrel Brent crude this year, but have damaged their growth prospects to meet this goal.
8:00 PM EST | July 25, 2016
Kosmos Hits Gas at Ahmeyim-2, Increases Tortue Resources Estimates
The Ahmeyim-2 appraisal well successfully delineates the Ahmeyim and Guembeul gas discoveries offshore Mauritania and Senegal, encountering 256 feet of net gas pay in the process.
8:00 PM EST | March 15, 2016
Kosmos Energy Makes 'Significant' Gas Find Offshore Senegal
The Guembeul-1 exploration well, located in the northern part of the St. Louis offshore profond license area in Senegal, has made a "significant" gas discovery.
7:00 PM EST | January 26, 2016
Tullow: TEN Project Over 80% Complete, CAPEX Reduction in 2016
Tullow announces that it will be reducing its capital expenditure in 2016 and that the TEN field, located offshore Ghana, is over 80% complete.
7:00 PM EST | January 12, 2016
Galp, Kosmos Awarded Sao Tome Block
Galp Energia and Kosmos Energy are awarded large stakes in Block 6, offshore Sao Tome and Principe.
8:00 PM EST | October 26, 2015
Europa Boosts Stake in Porcupine Licenses Following Kosmos Exit
Europa Oil & Gas intends to assume a 100% interest in, and operatorship of, licenses FEL 2/13 and FEL 3/13 in the Porcupine Basin, offshore Ireland, following Kosmos Energy's withdrawal from the Joint Operating Agreements for both licenses.
8:00 PM EST | September 21, 2015
Porcupine Prospect Could Contain 1.5B Barrels
The Porcupine Prospect offshore Ireland could contain 1.5 billion barrels of prospective resources, according to a competent persons report from ERC Equipoise.
8:00 PM EST | May 11, 2015
Cap Boujdour Well Offshore Morocco 'Not Commercial'
Kosmos Energy discovers gas and condensate at its Cap Boujdour exploration well but the discovery is deemed non-commercial.
7:00 PM EST | March 01, 2015
Europa Agrees Farm-Out Deal for Onshore France Permit
Europa Oil & Gas signs a farm-out deal with Vermillion REP SAS in relation to its Tarbes Val d'Adour Permit, onshore France.
7:00 PM EST | February 15, 2015
Chevron Agrees to Acquire 30% Stake in 3 Offshore Blocks in Mauritania
Chevron pens agreement to acquire a 30 percent interest in three blocks offshore Mauritania from Kosmos Energy.
7:00 PM EST | February 04, 2015
Petrosen Draft: Kosmos To Buy Into Senegal Offshore Blocks For $400M
Kosmos Energy is set to sign a $400 million "farm-in" agreement with Petrosen and Timis Corp to take a 60% stake in the Cayar and St. Louis offshore blocks that they operate.
8:00 PM EST | October 05, 2014
Kosmos to Buy into Senegal Offshore Blocks for $400M
Kosmos Energy is set to spend $400 million on a farm-in deal to take a 60-percent stake in the Cayar and St Louis blocks, offshore Senegal, according to a draft Petrosen document.
8:00 PM EST | October 03, 2014
Newbuild Atwood Achiever Mobilizes for Drilling Contract in North Africa
Atwood Oceanics takes delivery of the Atwood Achiever drillship from the Daewoo Shipbuilding & Marine Engineering shipyard in South Korea.
8:00 PM EST | September 03, 2014
Africa's Natural Resources: Focus for Both Oil and Gas Sectors
Investors estimate that $1.25 trillion will be invested over the 2001 to 2030 period in African energy.
8:00 PM EST | June 24, 2014
Offshore Morocco Exploration Gathers Pace
Cairn completes drilling at its JM-1 well, offshore Morocco, while Kosmos Energy spuds its FA-1 well that is targeting the Eagle prospect in the Foum Assaka area.
8:00 PM EST | March 16, 2014
Foum Assaka Well Confirmed to Spud in March
Kosmos Energy confirms that its FA-1 well on the Foum Assaka license area offshore Morocco will spud in March.
7:00 PM EST | February 23, 2014
Morocco Says to Follow UN Rules in Disputed Sahara Oil Hunt
Morocco joins France's Total and U.S. explorer Kosmos to formally pledge that their hunt for oil off the coast of disputed Western Sahara will comply with international rules and the local population would benefit from discoveries.
7:00 PM EST | February 04, 2014
Providence Starts Planning Seismic Survey over Drombeg
Providence Resources begins planning a 3D seismic survey over its Drombeg prospect offshore Ireland.
7:00 PM EST | January 19, 2014
Offshore Morocco Set for a Busy Year
A step-up in exploration drilling off the coast of Morocco is currently taking place as a handful of independents target several prospects located in the country's offshore basins.
7:00 PM EST | January 16, 2014
Petrofac Director Becomes Kosmos Energy CEO
Petrofac announces that one of its director, Andy Inglis, is to take up the position of chief executive at Kosmos Energy.
7:00 PM EST | January 12, 2014
Kosmos Signs Up Maersk Discoverer for Morocco Drill
Kosmos Energy has agreed a one-well rig share deal with BP and Maersk Drilling for the Maersk Discoverer to drill the first Foum Assaka exploration well, offshore Morocco.
7:00 PM EST | January 02, 2014
Cairn Energy to Take 20 Pct Stake in Kosmos Energy Morocco Block
Cairn Energy enters a farm-in agreement with U.S.-based Kosmos Energy and the Moroccan National Oil Co. for a 20 percent non-operated interest in an exploration block in the Atlantic Ocean, offshore Morocco.
8:00 PM EST | October 27, 2013
Kosmos Completes 3D Seismic Program off Ireland
Kosmos Energy completes a 575-square mile seismic data acquisition program in the South Porcupine Basin, offshore Ireland.
8:00 PM EST | October 23, 2013
South Porcupine 3D Seismic Program Begins
Europa Oil & Gas reports that a 3D seismic data acquisition program has begun in the South Porcupine Basin, offshore Ireland.
8:00 PM EST | July 14, 2013
Kosmos Comes Up Dry Onshore Cameroon
Kosmos Energy fails to find commercial hydrocarbons at its Sipo-1 exploration well, onshore Cameroon.
8:00 PM EST | May 20, 2013
Kosmos Wraps Up Ndian River Block Campaign
Kosmos Energy Ltd. announces results from the Sipo-1 exploration well onshore Cameroon.
8:00 PM EST | May 19, 2013
Kosmos Gets Go-Ahead for Irish Farm-In
Europa Oil & Gas reports that an 85-percent farm out of its Irish licensing options to Kosmos Energy has been given the go-ahead by the Irish government.
8:00 PM EST | May 12, 2013
Europa Achieves Farm-In Deal for Irish Licenses
In a move described by analysts as a 'major milestone', Europa Oil & Gas has signed a deal to farm-in Kosmos Energy to two of its licenses in the South Porcupine Basin, offshore Ireland.
8:00 PM EST | April 17, 2013
Antrim Farms out License to Kosmos
Kosmos Energy involved in a second offshore Ireland farm-in deal, as Antrim Energy agrees to transfer 75 percent of its Licensing Option 11/05 to the independent oil firm.
8:00 PM EST | April 17, 2013
Sierra Leone Issues Oil Prospecting Awards to 9 Companies
Sierra Leone's govt had issued provisional offshore oil prospecting awards to 9 companies after what it described as a "painstaking and time consuming technical evaluation process."
8:00 PM EST | July 23, 2012
Chevron Joins Kosmos Energy in Offshore Suriname Exploration
Chevron agrees to take a stake in Kosmos exploration off the coast of Suriname as the oil-and-gas giant aims to expand its efforts in South America.
8:00 PM EST | June 19, 2012
Kosmos' Appraisal Reveals Non-Commercial Results Offshore Ghana
Kosmos Energy announced results from the Teak-4A appraisal well, located in the West Cape Three Points Block, offshore Ghana.
8:00 PM EST | May 03, 2012