Kosmos returns to Gulf of Guinea
Issue 311
- 05 Nov 2015
| 1 minute read
Kosmos Energy has licensed blocks 6 and 11 in the São Tomé & Príncipe (STP) Exclusive Economic Zone and is waiting on the award of blocks LB-6 and LB-7 in Liberia, as it seeks low-cost new opportunities offshore West Africa. Block 11 was acquired from ERHC Energy, the others were unlicensed. Kosmos said the STP acquisition marked a strategic re-entry into the Gulf of Guinea/Transform Margin. “It’s an area we know very well and which provides an opportunity to pursue the Cretaceous theme that was successful for us in Ghana with the discovery of the Jubilee field,” said a spokesman.
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