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Jubilee and TEN fields interests in Ghana

Sector: Bridge • Location: Ghana

Source: Financial Conduct Authority (FCA)

AssetPrivate

Acquisition of additional 18.0% interest in Jubilee field and 11.0% interest in TEN fields offshore Ghana from Occidental Petroleum for $550 million. The assets have estimated 2P reserves of approximately 104 million barrels of oil equivalent and produce about 17,000 barrels of oil per day net. The acquisition enhances Kosmos Energy's strategic delivery, cash flow, and portfolio balance.

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The project “Jubilee and TEN fields interests in Ghana” is an infrastructure initiative in the Bridge sector, located in Ghana. Taiyo aggregates data on it from Financial Conduct Authority (FCA).

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Description

Description

Acquisition of additional 18.0% interest in Jubilee field and 11.0% interest in TEN fields offshore Ghana from Occidental Petroleum for $550 million. The assets have estimated 2P reserves of approximately 104 million barrels of oil equivalent and produce about 17,000 barrels of oil per day net. The acquisition enhances Kosmos Energy's strategic delivery, cash flow, and portfolio balance.

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Source reliability

High

Data quality score

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