Panoro Energy ASA has agreed to acquire Kosmos Energy’s subsidiary holding a 40.375% non-operated interest in Block G offshore Equatorial Guinea for an initial cash consideration of USD 180 million, with up to USD 39.5 million in deferred contingent payments tied to production and oil price thresholds. The deal would increase Panoro’s working interest in Block G, which includes the producing Ceiba field and Okume Complex, from 14.25% to 54.625% at closing, which is expected in Q3 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Panoro Energy ASA published the original content used to generate this news brief on February 24, 2026, and is solely responsible for the information contained therein.
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