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Kosmos Energy Announces Final Investment Decision for Phase 1 of the Greater Tortue Ahmeyim LNG Project

Kosmos Energy Ltd. Common Shares (DE) (KOS) 
Last kosmos energy ltd. common shares (de) earnings: 2/24 02:00 am Check Earnings Report
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)-- Kosmos Energy (NYSE:KOS)(LSE:KOS) and its partners announced today that a Final Investment Decision (FID) for Phase 1 of the Greater Tortue Ahmeyim project has been agreed. The decision was made by Kosmos, BP, Petrosen and SMHPM following a meeting to agree final elements held in Nouakchott between President Mohamed Ould Abdel Aziz of Mauritania and President Macky Sall of Senegal. The Greater Tortue Ahmeyim project will produce gas from a deepwater subsea system and mid-water FPSO to a floating liquefied natural gas (FLNG) facility at a nearshore hub located on the Mauritania and Senegal maritime border. The FLNG facility for Phase 1 is designed to provide approximately 2.5 million tons per annum on average, with the total recoverable gas in the field estimated to be around 15 trillion cubic feet. The project will provide LNG for global export, as well as make gas availabl Show less Read more
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