Kosmos steps back from Africa

Issue 422 - 10 Sep 2020

As explorers cut back on Africa spending, Kosmos Energy has agreed with Royal Dutch Shell to sell its stakes in exploration blocks in São Tomé & Príncipe, Namibia, South Africa and Suriname for about $100m, plus future contingent payments of up to $100m.

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Sales – Alex Wark

Support – Tara Mulvey

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