BP to acquire stakes in West Africa licenses from Kosmos Energy

BP has signed a deal to acquire licenses in West Africa from Kosmos Energy. The two companies will also be partners in an exploration collaboration covering new potential ventures.
Photo: BP/PR
Photo: BP/PR
BY AMANDA JORDAN, BLOOMBERG

BP Plc agreed to buy stakes in West African licenses held by Kosmos Energy Ltd. for USD 916 million to expand in deep-water drilling and natural gas.

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