Kosmos Energy (KOS) saw a pre-market rise after Ghana’s parliament ratified extensions for its offshore petroleum licenses for the Jubilee and TEN fields until 2040. This approval is anticipated to unlock up to $2 billion in additional capital spending for the company.
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Kosmos rises as Ghana's parliament ratifies extensions for key offshore petroleum licenses
Kosmos Energy (KOS) saw a pre-market rise after Ghana’s parliament ratified extensions for its offshore petroleum licenses for the Jubilee and TEN fields until 2040. This approval is anticipated to unlock up to $2 billion in additional capital spending for the company.