Kosmos Energy

DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) notes the announcement by Golar LNG Limited (“Golar”) that the FLNG Gimi has reached Commercial Operations Date (“COD”) for the 20-year Lease and Operate Agreement with BP for the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. The announcement of COD marks a significant milestone for the project partners, as LNG production volumes have successfully been ramped up to a level equivalent to the annual contracted volumes.» Mehr auf businesswire.com

Panmure Liberum has described the potential extension of oil production licences in Ghana as a “positive development” for both Tullow Oil PLC (LSE:TLW) and Kosmos Energy Ltd (LSE:KOS, NYSE:KOS), but warned that it is unlikely to shift investor focus away from more immediate concerns. The two companies announced a memorandum of understanding with the Ghanaian government that could see licences for the Jubilee and TEN oilfields extended to 2040.» Mehr auf proactiveinvestors.co.uk

Tullow Oil PLC (LSE:TLW) and Kosmos Energy Ltd (LSE:KOS, NYSE:KOS) have signed an agreement in Ghana to extend offshore oil field out to 2040. A memorandum of understanding with the Government of Ghana and the joint venture partners, envisage the extension to the West Cape Three Points and Deep Water Tano licences – which host Tullow's Jubilee and TEN oil fields.» Mehr auf proactiveinvestors.co.uk