Kosmos Energy

8176 Park Ln, Dallas, TX 75231

Kosmos Energy is a US-based oil and gas exploration firm with about 30 producing wells off the coast of Ghana. The company also has leases on oil fields off the coasts of Cameroon and Morocco. It looks for underdeveloped or “misunderstood” energy assets off west Africa. Kosmos Energy owns about 31% and 18% of its two producing units off Ghana and 75% each in the other assets, where it plans to drill in 2011 and 2012. The company was formed in 2003 by management to capitalize on the success they had exploring for oil with Triton Energy before it was acquired by Hess Corporation. Kosmos went public in 2011.

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4

Overall Excellence Rating

Industry

Oil, Gas and Mining

Category

Energy & Utilities

ESG/Ethical Impact

We currently have a strong oil-weighted portfolio that can supply more of the energy the world needs today, and we are investing in growing oil supply at each of our core production hubs, with an emphasis on projects that yield low cost, lower carbon barrels. At the same time, we are working with our partners to bring new sources of lower carbon natural gas into production. These projects address energy affordability and increase energy security by supplying more gas to global energy markets, as well as to domestic markets in Africa. The export of liquified natural gas (LNG) will benefit our host countries by generating revenues that can be invested in critical infrastructure to promote economic development. Similarly, producing natural gas for domestic power generation will help expand access to electricity and drive socioeconomic development, a key goal in each of the countries where we work in Africa. By 2024, we expect to increase production by about 50% from 2022 levels as we optimize current production and bring new projects online. For Kosmos, the cash flow from short-cycle oil growth enables selective re-investment in our natural gas portfolio, which can help meet demand and support the energy transition for decades to come. Longer term, we plan to continue shifting the balance of our portfolio from oil to natural gas and LNG to help meet the world’s energy needs as cleaner natural gas displaces coal, heavy fuel oil, and biomass as a primary source of energy in both developed and emerging economies.

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Awards Received

2023

Revenues

$2,240,000,000.00

Website Traffic

Employee Rating

4

Customer Rating

4.1

Company Size

100-1000

ESG Risk Rating

3

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