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Kosmos

   Also found in: Wikipedia 0.01 sec.
Kos´mos
n.1.See Cosmos.


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A deal by a Chinese state-owned oil firm to acquire Kosmos Energy's stake in oil wells off the coast of Ghana is expected to be sealed next month, a senior official in Ghana's oil sector said Friday.
Byline: HONG KONG/MUMBAI: India's leading oil producer ONGC has hired Citigroup to advise it on a bid for Kosmos Energy's stake in an oil field in Ghana in a deal that could be worth between $3 billion and $5 billion, sources familiar with the deal said.
Kosmos Energy, LLC--a privately held international oil exploration and production company--announced in February that it has received provisional commitments of up to $300m from company management, Warburg Pincus and Blackstone Capital Partners, an affiliate of The Blackstone Group, to pursue the acquisition, exploration and development of oil and gas ventures in West Africa.
 
 
 
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