Kosmos and GNPC buyout Oxy stake in Jubilee and TEN fields
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...