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Kosmos Energy has begun liquified natural gas (LNG) production at the bp-operated Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.
The first gas from the GTA project began flowing from wells to a floating production storage and offloading (FPSO) vessel on 31 December last year, as part of the commissioning process.
At the FPSO, the gas is processed to remove condensate, water and impurities before being sent to the floating LNG vessel for liquefaction.
With the liquefaction of gas into LNG, Kosmos will start to recognise gas entitlement production from the project.
Kosmos will begin recognising revenue and generating cash flow from the project upon the lifting of the first LNG cargo.
Kosmos Energy chairman and chief executive officer Andrew G Inglis said: “First LNG is another major milestone for Kosmos, the GTA partnership and the governments of Mauritania and Senegal. We are looking forward to the accelerated ramp-up of LNG production and the first LNG cargo lifting during the first quarter.”
In December 2024, Kosmos Energy abandoned its acquisition efforts for Tullow Oil, causing Tullow's share value to fall by 10%.
The US oil and gas company did not specify a reason for halting the deal, which was still in preliminary discussions.
Following the announcement, Kosmos Energy’s shares rose nearly 13% in pre-market trading.
The merger had the potential to combine the operations of both companies, targeting production of more than 130,000 barrels of oil equivalent per day (boepd) by 2024, with assets across West Africa and the US Gulf of Mexico.
"Kosmos Energy achieves first LNG production at greater Tortue Ahmeyim project" was originally created and published by Offshore Technology, a GlobalData owned brand.
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