Ghana's GNPC keen to buy Kosmos Jubilee field stake
CAPE TOWN, July 8 (Reuters) - Ghana's National Petroleum Corp (GNPC) is interested in buying Kosmos Energy's 30 percent stake in the Jubilee oil field, the country's deputy energy minister said on Wednesday.
The field, operated by Tullow Oil (TLW.L: Quote, Profile, Research) in partnership with private equity-backed Kosmos Energy and Ghana's GNPC, has an estimated resource potential of up to 1.8 billion barrels.
"The government has indicated and has informed the partners that should Kosmos want to sell, the Ghana National Petroleum Corporation would be interested in buying," Kwabena Donkor, Ghana's deputy energy minister, told Reuters on the sidelines of an African energy conference. (Reporting by Wendell Roelf, writing by Agnieszka Flak)
© Thomson Reuters 2009 All rights reserved
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article





India
US
UK









