Block CI-27 is reputed to be Côte d’Ivoire’s largest non-associated gas source, supplying more than 70% of national gas demand.

Kosmos Energy (NYSE:KOS) received Ghanaian parliamentary ratification to extend key Jubilee and TEN field licenses through 2040. The extensions allow for up to 20 additional wells and support long term investment planning in the country. Kosmos also agreed to sell its non operating interests in Equatorial Guinea to Panoro Energy, reshaping its asset base. Kosmos Energy focuses on offshore oil and gas projects, with Ghana forming a central part of its production footprint. The confirmation...

Panoro Energy ASA (PESAF) doubles its size with a major acquisition, maintains robust cash flow, and outlines ambitious production targets for 2026.

Kosmos expects cost savings of around $100m through reduced capex and administrative costs.

Panoro Energy ASA (PESAF) reports robust financial performance with significant shareholder returns, despite facing production hurdles.