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An announcement from Kosmos Energy ( (KOS) ) is now available.
Kosmos Energy, along with Tullow Oil, PetroSA, GNPC, and Explorco, has signed a Memorandum of Understanding with the Government of Ghana to extend the West Cape Three Points and Deep Water Tano licenses to 2040. This extension, which includes plans for significant investment and additional drilling, aims to boost production and reserves, supporting Ghana’s economic growth and infrastructure development. The agreement underscores the collaborative efforts to enhance Ghana’s energy sector and create a stable investment climate, with implications for increased job opportunities and sustainable energy practices.
More about Kosmos Energy
Kosmos Energy is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy. The company has diversified oil and gas production from assets offshore Ghana, Equatorial Guinea, Mauritania, Senegal, and the Gulf of America. Kosmos is listed on the NYSE and LSE under the ticker symbol KOS and is committed to transparency, ethics, human rights, safety, and the environment.
Find detailed analytics on KOS stock on TipRanks’ Stock Analysis page.
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