GHANA – American upsteam oil company, Kosmos Energy has announced the promotion of its Country Manager, Joe Mensah, to Senior Vice President and Head of the Ghana business unit after serving with distinction as Country Manager since joining the company in 2015.
In his new position, Mensah will be in charge of maintaining strong relationships with partners, government and civil society, and advancing the company’s social investment programs, including the activities of the Kosmos Innovation Center.
The oil multinational maintains a sustainable exploration program balanced between proven basin infrastructure-led exploration (Equatorial Guinea and U.S. Gulf of Mexico), emerging basins (Mauritania, Senegal and Suriname) and frontier basins (Cote d’Ivoire, Namibia and Sao Tome and Principe).
While Commenting on his appointment, Kosmos Energy’s Chairman and Chief Executive Officer, Andrew G. Inglis said, “Joe has established Kosmos as a leader among international oil companies through understanding local interests and creating a shared agenda that is mutually beneficial to both country and company.”
“I am confident that he will lead the local Ghanaian staff and the supporting team in Dallas into a new era for Kosmos — redefining how the company supports Ghana’s economic and social development.”
Kosmos is listed on the New York Stock Exchange and London Stock Exchange and is traded under the ticker symbol KOS.
It began operations in Ghana in 2007 after discovering oil in the Jubilee oil field.
The field is estimated to hold up to 1 billion barrels (160 million cubic metres) of oil and 800 billion cubic feet (23 billion cubic metres) of natural gas.
As of May 2017, the Jubilee field was producing about 100,000 barrels per day (16,000 cubic metres per day) of oil.
In addition to Jubilee oil field where it owns a 24 percent stake, Kosmos also holds a 17% in the TEN project which is focused on developing the Tweneboa, Enyenra, and Ntomme hydrocarbon accumulations