November 7, 2019 / 11:04 AM / a month ago

Congo Republic: Kosmos, Eni-lukoil consortium succeed in 2018/19 round

CAPE TOWN, Nov 7 (Reuters) - Congo Republic said on Thursday Kosmos Energy and the Russian and Italian consortium Eni-Lukoil have made successful bids for blocks offered in the 2018/2019 license round.

“We have kicked off the negotiations with Eni/Lukoil and with the company Kosmos to negotiate PSCS (production sharing contracts),” said Teresa Goma, the Director General of Hydrocarbons for the Republic of Congo on the sidelines of a conference in Cape Town. (Reporting by Libby George Editing by Tim Cocks)

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