DALLAS–(BUSINESS WIRE)–Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) has been informed by BP, the operator of the Greater Tortue Ahmeyim project (“GTA”), of the impact of Typhoon Muifa which passed through the COSCO shipyard in Qidong in China yesterday.
The floating production, storage and offloading vessel (“FPSO”) for GTA is being constructed at the COSCO yard. During the typhoon, the mooring lines of the FPSO became compromised, resulting in the vessel drifting approximately 200 meters off the quayside. Work is underway to enable the vessel to return to the quayside. No injuries have been reported in connection with this incident. The cost of returning the vessel to the quayside and any potential damage is expected to be covered by insurance.
Kosmos will provide an update as additional information becomes available.
About Kosmos Energy
Kosmos is a full-cycle deepwater independent oil and gas exploration and production company focused along the Atlantic Margins. Our key assets include production offshore Ghana, Equatorial Guinea and U.S. Gulf of Mexico, as well as a world-class gas development offshore Mauritania and Senegal. Kosmos is listed on the New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS. As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate our commitment to transparency, ethics, human rights, safety and the environment. Read more about this commitment in our Corporate Responsibility Report. For additional information, visit www.kosmosenergy.com.
Forward-Looking Statements
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