Inform
BP rewards Kosmos’ West Africa gas success with US$916 m deal
Get this report
$1,250
You can pay by card or invoice
Report summary
BP has agreed to partner Kosmos to develop its Tortue gas complex discoveries offshore Mauritania and Senegal. The deal is worth up to US$916 million and is comprised of an up-front payment and cost carry for exploration and development. Future liquid discoveries will also be rewarded. BP’s entry is a massive boost for Kosmos, Mauritania and Senegal. The major brings financial clout and LNG expertise and it will unburden Kosmos of much of the financial and technical commitments required to develop its gas finds. The deal allows Kosmos to realise some of the value of the discoveries early and will help - and incentivise - it to continue to do what it does best; explore.
Table of contents
- BP rewards Kosmos’ West Africa gas success with US$916 m deal
Tables and charts
This report includes 1 images and tables including:
- Acquired Mauritanian and Senegalese acreage
What's included
This report contains:
Other reports you may be interested in
11 October 2018
Kosmos Energy oil and gas exploration summary
Company Report
Kosmos Energy oil and gas exploration summary
Kosmos Energy was founded as a frontier explorer in 2003 and has carved out a niche focused on deepwater exploration of the Atlantic Margin.
$1,30007 August 2018
Kosmos Energy corporate - reported results analysis
Company Report
Kosmos Energy corporate - reported results analysis
Kosmos' entry into Gulf of Mexico adds another source of production to the portfolio. Exploration remains on the front burner
$55001 November 2017
Kosmos and Trident Energy acquire Hess' Equatorial Guinean assets for US$650 million
Deal Insight
Kosmos and Trident Energy acquire Hess' Equatorial Guinean assets for US$650 million
Hess exits country as new owners target production upside
$1,650
