Kosmos Energy completed the sale of its 40.375% interest in Equatorial Guinea’s Block G to Panoro Energy, reducing exposure to higher-cost production and strengthening liquidity.
Europa Oil & Gas says the EG-08 farm-out offshore Equatorial Guinea has ministry approval, with only Shandong ODI approval still needed before completion.
Subsea7 has secured a substantial contract from Noble Energy EG Ltd for subsea installation on the Aseng project offshore Equatorial Guinea, with offshore work starting in 2026.
Kosmos Energy agreed to sell its 40.4% non-operating interest in Equatorial Guinea’s Ceiba and Okume assets to Panoro for $180 million plus up to $39.5 million contingent payments.
