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Kosmos Energy hit peak LNG output in West Africa and boosted reserves in Ghana, lifting shares.
Kosmos Energy reported progress on its LNG project in Mauritania and Senegal, with the GTA field reaching a peak production of 3.0 million tonnes per year in 2025, and expects nearly double LNG cargo liftings in 2026.
In Ghana, the government approved license extensions for two key petroleum agreements, extending operations until 2040 starting in 2036, with GNPC’s stake increasing by 10%.
The Jubilee field’s development plan was updated to include up to 20 new wells, potentially boosting reserves.
The TEN partnership finalized plans to buy its FPSO vessel in 2027.
Kosmos shares rose 4.8% in London trading.
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Kosmos Energy alcanzó la producción máxima de GNL en África Occidental y aumentó las reservas en Ghana, elevando las acciones.