News
14 October 2021

Kosmos and GNPC buyout Oxy stake in Jubilee and TEN fields

In:
Oil & gas
Region:
Middle East & Africa

Kosmos Energy and Ghana National Petroleum Corp (GNPC) have bought out Occidental Petroleum’s (Oxy) stake in the Jubilee and TEN fields in Ghana, with Kosmos paying $550 million for an 18% stake in Jubilee and 11% in TEN. Payment on completion was around $460 million, after taking into account...

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