LNG

Kosmos Energy, a shareholder in the floating liquefied natural gas projects offshore Senegal and Mauritania in West Africa and other regional oil and gas ventures in Ghana and Equatorial Guinea, swung to a fourth-quarter profit from a previous loss and reported good progress on the FLNG development alongside UK major BP and advances in the additional Yakaar-Teranga LNG proposal.

Kosmos Energy, the Dallas-based shareholder with BP of the UK in the floating LNG projects offshore Mauritania and Senegal, said it looked forward to building a self-funded gas business in West Africa and progressing with its high-quality exploration prospects for 2021.