Africa Oil & Gas: Kosmos Energy wins Ghana legal battle with Tullow Oil

Tullow Oil has announced that a panel of arbitrators, working under the jurisdiction of the International Chamber of Commerce, has delivered an award in favour of Kosmos Energy Ghana in relation to its dispute with Tullow Ghanaregarding its share of the liability of costs related to theWest Leo rig beyond 1 October 2016. The tribunal’s award is final and binding.

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Africa Oil & Gas: British-American consortium to explore oil in São Tomé and Príncipe

The oil consortium made up of BP Exploration Operating Co. Ltd. and US-based Kosmos Energy has been awarded the right to prospect in two oil blocks in the São Tomé and Príncipe Exclusive Economic Zone, the director of the National Oil Agency said on Monday in São Tomé.

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Africa Oil & Gas: Kosmos Energy enters Equatorial Guinea with three new oil and gas contracts

  The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Kosmos Energy of the US and national oil company GEPetrol have signed three new production sharing contracts (PSC) for Block EG-21, Block Sand Block W offshore Rio Muni. The deal marks Kosmos’ first PSCs in Equatorial Guinea.   Block EG-21 was offered for tender during the EG Ronda 2016 oil and gas licensing round. Block S and Block W, previously operated by CNOOC and PanAtlantic Energy respectively, were negotiated directly with Kosmos and were not offered under the open bidding round. Block EG-21…

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Africa Oil & Gas: Kosmos Energy conducts seismic research in São Tomé and Príncipe

The American oil company Kosmos Energy has spent nearly US$36 million conducting seismic research to detect eventual petroleum deposits in four blocs of the exclusive economic zone of São Tomé and Príncipe, the company’s CEO announced on Wednesday in São Tomé.

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Africa Oil & Gas: Kosmos Energy and BP announce major gas discovery offshore Senegal

Kosmos Energy has announced a major gas discovery offshore Senegal.  Yakaar-1 is the first well in a series of four independent tests of the basin floor fan fairways, outboard of the proven slope channel trend opened with the Tortue-1 discovery. Located in the Cayar Offshore Profond block approx. 95 kms northwest of Dakar in nearly 2,550 meters of water, the well has been drilled to a total depth of approx. 4,700 meters. Yakaar-1 intersected a…

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