Kosmos Energy

Kosmos Energy

Kosmos Energy is a deepwater exploration and production company operating in regions like Equatorial Guinea, Ghana, and the U.S. Gulf of Mexico, with a strong focus on environmental, social, and governance (ESG) responsibility.

Services

Kosmos Energy is a deepwater exploration and production company that focuses on meeting the global demand for energy. Their diversified production portfolio includes world-class gas development and value creation opportunities from exploration activities in proven basins. The company has a significant operational presence in various regions, ranging from oil and gas exploration to production and asset management.

Operational Regions

Kosmos Energy conducts its operations in several key regions globally, including Equatorial Guinea, Ghana, the U.S. Gulf of Mexico, Mauritania, Senegal, and São Tomé and Príncipe. In Ghana, the company operates the Jubilee Field and the TEN fields, which include Tweneboa, Enyenra, and Ntomme fields. In the U.S. Gulf of Mexico, their assets include both operated and non-operated production assets. Kosmos also has interests in multiple exploration blocks offshore Equatorial Guinea and oversees operations near the Ceiba Field and Okume Complex in São Tomé and Príncipe.

Major Projects

Notable projects by Kosmos Energy include the Jubilee Field in Ghana, developed using a phased approach for efficient production, and the TEN fields, which began production in 2016. Additionally, the company is involved in the Greater Tortue Ahmeyim Project (GTA), an offshore liquified natural gas project on the maritime border between Mauritania and Senegal. The GTA project is anticipated to deliver approximately 2.5 million metric tons per annum (mmtpa) of natural gas in its initial phase.

Environmental and Social Responsibility

Kosmos Energy is committed to various environmental and social governance initiatives. The company aims to reduce absolute Scope 1 equity emissions by 25% by 2026 and achieve top quartile carbon intensity in its oil and gas portfolios. They plan to eliminate routine flaring at the Jubilee and TEN fields by 2025 and maintain carbon neutrality for operated Scope 1 and Scope 2 emissions, a goal achieved since 2021. Kosmos Energy supports the Extractive Industries Transparency Initiative (EITI) and follows the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations.

Kosmos Innovation Center

Kosmos Energy's flagship social investment initiative, the Kosmos Innovation Center, focuses on providing training and support for young entrepreneurs in the company's host countries. The program aims to foster innovation and sustainable development by equipping the youth with the necessary skills and resources to develop and grow their businesses, contributing to economic growth and job creation in these regions.

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