Kosmos Energy, the US partner of BP in the Mauritania-Senegal floating LNG projects, reported a net profit in the fourth quarter compared with a loss in the year-ago period as it advanced with its FLNG plans and expanded its Africa-focused activities.

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ExxonMobil said it signed an agreement with the government of the West African state of Ghana, currently involved in LNG import plans, to acquire exploration and production rights for the Deepwater Cape Three Points block.

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Kosmos Energy, the developer with BP of floating liquefied natural gas projects offshore Senegal and Mauritania, posted a third-quarter net loss as it progressed with the LNG ventures, ramped up production in Ghana and acquired exploration rights in the waters of Equatorial Guinea.

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Anadarko Petroleum Corp., one of the main participants in projects to develop LNG production in Mozambique, reported a third-quarter net loss as it finalized the legal framework for its southeast African liquefaction plant and sealed a sales contract to supply cargoes to Thailand.

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