PE-Backed Kosmos Energy Reaches Agreement with Ghana

Kosmos Energy, which is backed by private equity firms Blackstone Group and Warburg Pincus, reached an agreement with the government of Ghana, and the country's state oil company, to resolve issues around its corporate structure, Reuters reported. Kosmos, an oil exploration firm, owns 23.49% of Ghana’s Jubilee offshore oilfield. The firm has been attempting to sell its Ghana assets, but had to call off a $4 billion deal in August after resistance from Ghana National Petroleum Corp., Reuters said.

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