Kosmos Energy (KOS) Gains Following Significant Progress in West Africa

The share price of Kosmos Energy Ltd. (NYSE:KOS) surged by 9.89% between December 30, 2025, and January 6, 2026, putting it among the Energy Stocks that Gained the Most This Week.

Kosmos Energy (KOS) Gains Following Significant Progress in West Africa

Kosmos Energy Ltd. (NYSE:KOS) is a leading deepwater exploration and production company focused on meeting the world’s growing demand for energy.

Kosmos Energy Ltd. (NYSE:KOS) shot up when the company provided an operational and financial update on its recent business activities on January 5, highlighting significant progress in its West African assets. The company revealed that it has successfully drilled and completed its second producer well (J-74) in the Jubilee field in Ghana. J-74, which should come online shortly, is expected to produce over 10,000 barrels of oil per day (bopd), taking Jubilee’s total output to nearly 70,000 bopd.

In another positive development, Kosmos Energy Ltd. (NYSE:KOS) reported that in late December, it received approval from the Ghanaian government for license extensions for its West Cape Three Points and Deep Water Tano Petroleum Agreements. The agreements, which have been submitted to the parliament for formal ratification, will now be extended to 2040.

Additionally, Kosmos Energy Ltd. (NYSE:KOS) reported that the Greater Tortue Ahmeyim LNG project in Mauritania and Senegal reached nameplate capacity of 2.7 million tons per annum (mtpa) in December 2025. The floating LNG vessel managed to achieve a peak production rate of about 3 mtpa, and as a result, the partnership now expects cargo liftings to nearly double this year.

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Disclosure: None.