Financial Times FT.com

Energy groups lured by Ghana’s Kosmos

By Carola Hoyos

Published: June 4 2009 03:57 | Last updated: June 4 2009 03:57

Big international energy groups and state-owned oil companies from China and India are circling Kosmos Energy for its Ghanaian oilfield assets, which have been valued at $3bn-$6bn by analysts.

The sale of Kosmos, a small exploration company financially backed by Warburg Pincus and Blackstone, is one of the industry’s most closely watched deals. It will influence the future of companies such as UK-listed Tullow and Anadarko of the US, and could open an oil corridor off the west African coast, stretching as far north-west as Sierra Leone.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this