Eni, Springfield face compulsory unitisation
Ghana’s Ministry of Energy has called for Eni and Springfield Exploration and Production to begin a process of unitisation covering the companies’ Sankofa and Afina finds.
Kosmos Energy
Kosmos takes a second slice off capex
Kosmos Energy has cut spending for a second time in a month and confirmed delays at the Tortue LNG project, where it works with BP.
BP hits force majeure brakes at Tortue LNG
BP has declared force majeure on its Tortue LNG project with Golar LNG, saying it would not be ready to receive the floating unit in 2022 as a result of the coronavirus pandemic.
Kosmos to lean on BP at Tortue LNG
Kosmos Energy has set out plans to reduce planned capital expenditure in 2020 to under $250 million.
Kosmos to pay out dividend, plans energy transition shift
Kosmos Energy has reported a net loss of $36 million for the fourth quarter of 2019, although free cash flow reached $139mn for the period.
Pompeo talks energy and corruption in Africa
US Secretary of State Mike Pompeo has wrapped up a trip to three African states this week, where he noted the importance of deepening trade ties and the struggle against corruption.
Kosmos boosts 1P reserves with BP deal
BP has signed a sale and purchase agreement (SPA) for LNG from the first phase of its Greater Tortue Ahmeyim LNG project.
Trident kicks off 4D shoot in EG
Trident Energy has begun a 4D seismic survey offshore Equatorial Guinea on Block G.
BP touts three for three offshore Mauritania, Senegal
BP has reported success at its Orca-1 well offshore Mauritania, finding gas in numerous sands, including a deeper target.
Equatorial Guinea offers ExxonMobil short extension
Equatorial Guinea expects $1.4 billion to be invested in the country in the 2020 fiscal year, with a mix of exploration and appraisal drilling.
Springfield celebrates one for one in Ghana
Springfield Exploration and Production has discovered 50 metres of light net oil pay at its Afina-1 well, with gross thickness of 65 metres, offshore Ghana.
Gulf of Mexico looking good for comeback
The US Gulf of Mexico is making a comeback this year.
BP announces FID for African LNG development
BP and its partners on the Greater Tortue Ahmeyim liquified natural gas (LNG) development have announced agreement on the Final Investment Decision (FID) for Phase 1 of the project.
Kosmos enters Gulf of Mexico with £942million acquisition
Dallas-headquartered Kosmos Energy has entered the Gulf of Mexico with a £942million acquisition.
‘Stability issues’ force Kosmos to redrill Suriname well
US oil firm Kosmos Energy said today that it would redrill a well off Suriname after encountering "shallow bore hole stability issues" with its first effort.
Ophir farms out Equatorial Guinea licence to Kosmos
Ophir Energy has clinched a farm-out agreement with Kosmos Energy covering the EG-24 exploration licence in Equatorial Guinea.
Kosmos Energy post £37 million loss for Q1
Africa and South America focused oil firm Kosmos Energy has reported a £37 million loss for the first quarter of 2018.
Losses widen at Kosmos in third quarter
Dallas-based Kosmos Energy suffered a widening of losses in the third quarter of 2017.
Tests prove Tortue well is world class, Kosmos says
Kosmos Energy said today that tests on the Tortue-1 well prove that the discovery off West Africa is "world class".
Kosmos Energy lists shares on London Stock Exchange
Kosmos Energy said today that its shares had been admitted for trading on the London Stock Exchange (LSE).
Kosmos Energy to start drilling three super-giant prospects off West Africa this month
Kosmos Energy, a company behind some of the industry's largest recent oil discoveries, will begin drilling the first of a trio of so-called super-giant prospects off the coast of Senegal and Mauritania later this month.
Kosmos reveals plans to list shares in London
Kosmos Energy has revealed plans to list shares on the London Stock Exchange (LSE).
Galp snaps up 20% of three Gulf of Guinea blocks
Portugal’s Galp Energia has agreed to by a 20% non-operated stake in three blocks in the Gulf of Guinea from Dallas-based Kosmos Energy.
Europa extends stake in Atlantic basin “hot spot”
Europa Oil & Gas has increased its sole operatorship licences in the Atlantic basins offshore Ireland to seven following the latest transfer of two licences from Kosmos Energy.
Kosmos Energy strengthens team with board appointment
Kosmos Energy has strengthened its team with a new appointment to its board of directors. Yves-Louis Darricarrère has joined the team after retiring from Total earlier this year following a 37 year career in the industry.