Hess Corporation Reaches Amicable Tax Settlement With Equatorial Guinea
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Hess Corp. (HES) Confirms Sale of Interests in Equatorial Guinea to Kosmos (KOS) and Trident Energy
October 23, 2017 5:05 PM EDTHess Corporation (NYSE: HES) announced today that it has entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy (NYSE: KOS) and Trident Energy for a total consideration of $650 million, effective January 1,... More
Kosmos Energy (KOS) Acquires Hess Corp. (HES) Assets in Equatorial Guinea
October 23, 2017 2:45 PM EDTThe assets of Hess Corporation (NYSE: HES) in Equatorial Guinea will be acquired by Kosmos Energy (NYSE: KOS), the Ministry of Mines and Hydrocarbons has announced. The landmark sale transfers majority ownership and operatorship of two legacy oil producing areas in the Rio Muni basin, Ceiba and Okume, to Kosmos.
Hess exit from Equatorial Guinea comes after... More
