Friday, May 2, 2025
Tullow Oil confirms talks with Kosmos Energy over potential all-share takeover-oil and gas 360

Tullow Oil confirms talks with Kosmos Energy over potential all-share takeover

(Yahoo Finance) – Kosmos Energy has confirmed that it is in “preliminary discussion” with Tullow Oil, an independent oil and gas exploration company, regarding a potential all-share takeover offer. The announcement follows recent media reports speculating about the deal. Tullow Oil, which has faced leadership changes following the resignation of CEO Rahul Dhir on 4 December, acknowledged the approach in

New field starts oil production in U.S. Gulf of Mexico- oil and gas 360

New field starts oil production in U.S. Gulf of Mexico

Oil Price The Winterfell development in the U.S. Gulf of Mexico has started up oil production, one of the partners in the oilfield, Kosmos Energy, said on Wednesday. Winterfell, located in the Green Canyon area in the Gulf of Mexico, was discovered in 2021 at a water depth of approximately 5,400 feet (about 1,600 meters). The field has been developed via a

Kosmos Energy announces oil discovery in the U.S. Gulf of Mexico- oil and gas 360

Kosmos Energy announces oil discovery in the U.S. Gulf of Mexico

Oil and Gas 360 DALLAS–(BUSINESS WIRE)–Oct. 11, 2023– Kosmos Energy (NYSE/LSE: KOS) announced today an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%). The Tiberius exploration well tested a four-way structural trap in the outboard Wilcox trend, located in Keathley Canyon Block 964.

Kosmos Energy awards Schlumberger integrated subsea boosting system contract- oil and gas 360

Kosmos Energy awards Schlumberger integrated subsea boosting system contract

World Oil HOUSTON — Schlumberger announced an award to OneSubsea® and its alliance partner, Subsea 7, by Kosmos Energy Gulf of Mexico Operations, LLC, for an engineering, procurement, construction and installation (EPCI) contract for the Odd Job field in the Gulf of Mexico. Through the EPCI contract, OneSubsea, the subsea technologies, production, and processing systems business of Schlumberger, will supply a subsea

Kosmos Energy Signs Production Prepayment Agreement for up to $200 Million

Oil and Gas 360 Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) announced today that it has entered into a crude oil prepayment agreement (“Prepayment Agreement”) with Trafigura Trading LLC (“Trafigura”). The Prepayment Agreement provides up to $200 million of crude oil sales primarily related to a portion of the Company’s 2022 and 2023 Gulf of Mexico production, with $150

Kosmos Energy makes major gas discovery off Mauritania - oil and gas 360

Kosmos Energy makes major gas discovery off Mauritania

Potential to extract 50 trillion cubic feet of gas Kosmos Energy (NYSE/LSE: KOS) announced today that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The results continue the 100 percent success rate from nine wells targeting the inboard gas trend in Mauritania/Senegal. The Orca-1 well, which targeted a previously untested Albian play, exceeded

Kosmos Energy Bucks the Capex Cut Trend

Kosmos Energy (ticker: KOS), an oil and gas E&P company headquartered in Bermuda, announced a 2015 capital budget of $800 million in its Q4’14 results on February 23, 2015. The planned expenditures represents an increase of 52% compared to its 2014 budget, and is a result of “An increase in activity,” said the company release. An estimated $300 million, or