Kosmos Energy, the US company based in Dallas with plans for floating LNG projects offshore the West African states of Senegal and Mauritania, saw its net losses widen in the first quarter as it continued to develop its joint venture with BP of the UK.

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Kosmos Energy, the Dallas-based exploration and production company developing West African floating liquefied natural gas projects with BP of the UK, saw its shares fall 7.5 percent in its first full day of trading on the London Stock Exchange where it now has a secondary listing.

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KBR, the US energy engineering company, said it was awarded pre-front end engineering and design and project support services contracts by BP of the UK for the development of the Tortue-Ahmeyim gas fields offshore Mauritania and Senegal that will form the basis of two floating LNG projects.

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Kosmos Energy, the US exploration and development company based in Dallas, said it was pushing ahead with developing its huge natural gas discoveries offshore Mauritania and Senegal with plans including two floating LNG production vessels and supplying gas-fired power plants in both West African nations.

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