Kosmos Energy Announces Final Investment Decision for Phase 1 of the Greater Tortue Ahmeyim LNG Project
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
“For Kosmos, Greater Tortue Ahmeyim is another example of a world-class
discovery being moved to project sanction on an accelerated timeline,
ensuring early delivery of cashflow to the project partners and the
governments of
“While today we celebrate the excellent progress on Phase 1 of the
Greater Tortue Ahmeyim project, we are already looking forward to, and
working on, subsequent phases of development to expand liquefaction
capacity to approximately 10 million tons per annum. We also believe
there is potential for two additional world-class gas hubs in the region
– one near the Bir Allah discovery offshore
The parties will continue to obtain final regulatory and contract approvals, following which Phase 1 of the Greater Tortue Ahmeyim project will move into a detailed design and construction phase, with awarding of engineering, procurement, construction and installation (EPCI) contracts. Project execution activities are expected to begin in the first quarter of 2019.
Equity Interests
Mauritania | Senegal | Tortue Unit | ||||||||
Kosmos | 28% | 30% | 29% | |||||||
BP | 62% | 60% | 61% | |||||||
Petrosen | N/A | 10% | 5% | |||||||
SMHPM | 10% | N/A | 5% | |||||||
About
Kosmos is a well-capitalized, pure play deepwater oil and gas company
with growing production, a pipeline of development opportunities and a
balanced exploration portfolio along the Atlantic Margins. Our assets
include production offshore
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Source:
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Jamie Buckland
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jbuckland@kosmosenergy.com
Rhys
Williams
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