Kosmos Energy, LLC, a closely held U.S. explorer in West Africa, raised $750 million in loans to fund a project in Ghana. The financing will fully fund Kosmos’s share of Ghana’s Jubilee field phase-one development, Chief Financial Officer Greg Dunlevy said today in a statement. Kosmos Energy, a Dallas-based company, used oil-field assets as collateral to secure the loans, $550 million of which mature in December 2015, Kosmos said. Read the rest of this entry »

Tags: Absa, Anadarko Petroleum, Blackstone Group, BNP Paribas, Calyon, Ghana, Ghana National Petroleum Corporation, GNPC, International Finance Corporation, Kosmos Energy, Oil and Gas, Societe Generale, Standard Chartered, Tullow Oil, Warburg Pincus