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Kosmos and Trident Energy acquire Hess' Equatorial Guinean assets for US$650 million

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01 November 2017

Kosmos and Trident Energy acquire Hess' Equatorial Guinean assets for US$650 million

Report summary

On 23 October 2017, Kosmos Energy announced that, in partnership with Trident Energy, it had acquired Hess Corporation's Equatorial Guinean upstream business for US$650 million. The deal includes Hess' 80.75% working interest in the mature Ceiba and Okume Complex oil fields. Kosmos and Trident will each acquire 50% of Hess' stake, giving them a 40.375% working interest in the assets. This deal provides a fair price for Hess, which had been seeking to divest from Equatorial Guinea for a number of years.

Table of contents

Tables and charts

This report includes 6 images and tables including:

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

What's included

This report contains:

  • Document

    Kosmos and Trident Energy acquire Hess' Equatorial Guinean assets for US$650 million

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