Kosmos Energy oil and gas exploration summary

Kosmos Energy has shifted from a high-impact frontier explorer to a diversified full-cycle E&P company. The company's core deepwater oil production in Ghana, the US Gulf of Mexico (GoM), and Equatorial Guinea will support a transition to gas. Infrastructure-led exploration (ILX) is now the primary focus of Kosmos’ exploration activity. The role of exploration within the company's framework is to provide low-cost, low-carbon, short-cycle opportunities in proven oil basins. This is a dramatic shift from its previous strategy in which high-risk, frontier exploration was central to the company's strategy and growth. Kosmos Energy executed high-impact campaigns in West and North Africa, Suriname, and the US through much of the decade. Acquisitions in Equatorial Guinea and the US Gulf of Mexico have helped reshape the company's portfolio.