Kosmos Energy Publishes Annual Corporate Responsibility Report
July 20 2017 - 6:00AM
Business Wire
Kosmos Energy (NYSE: KOS) announced today the publication of its
fifth annual Corporate Responsibility Report. The report reviews
the company’s safety, environmental, and social performance and
illustrates Kosmos’ commitment to transparency and its dedication
to operating in accordance with its Business Principles.
By disclosing performance data, payments made to host
governments, and real-life examples from Kosmos’ operations around
the world, the report marks the company’s progress in promoting
safety, environmental sustainability, human rights, and stakeholder
engagement.
Key initiatives described in the report include:
- Disclosing payments made to host
governments in aggregate and at the project level. Kosmos believes
this type of disclosure is beneficial to civil society, local
communities, and investors, and reflects evolving international
expectations. It complements Kosmos’ existing practice of making
its petroleum contracts publicly available on the company’s
website.
- Creating the Kosmos Innovation Center,
an exciting initiative that mentors young entrepreneurs in Ghana
and helps them start and scale small businesses focused on
addressing under-served needs in agriculture. The program provides
seed funding and technical assistance to winners of the annual
AgriTech Challenge competition.
- Facilitating workshops for government
agencies, parliamentarians, civil society organizations, and media
outlets to promote good governance and transparency in Senegal’s
oil and gas sector.
- Investing in a multi-year program to
improve the safety culture at Natuurtechnisch Instituut, a
technical school in Paramaribo, Suriname that serves approximately
2,500 students.
- Deepening cross-cultural understanding
in the United States by sponsoring The Keir Collection of Islamic
Art Gallery, an internationally acclaimed exhibition at the Dallas
Museum of Art that preserves and protects treasures of the past
while promoting new scholarship aimed at expanding collective
knowledge of the Islamic World.
More information about the 2016 Corporate Responsibility Report,
the company’s Business Principles, and Kosmos’ commitment to being
a force for good can be found at www.kosmosenergy.com.
About Kosmos Energy
Kosmos is a leading independent oil and gas exploration and
production company focused on frontier and emerging areas along the
Atlantic Margin. Our assets include existing production and
development projects offshore Ghana, large discoveries offshore
Mauritania and Senegal, as well as exploration licenses with
significant hydrocarbon potential offshore Sao Tome and Principe,
Suriname, Morocco and Western Sahara. As an ethical and transparent
company, Kosmos is committed to doing things the right way. The
Company’s Business Principles articulate our commitment
to transparency, ethics, human rights, safety and the environment.
Read more about this commitment in the Kosmos 2016 Corporate
Responsibility Report. Kosmos is listed on the New York Stock
Exchange and is traded under the ticker symbol KOS. For
additional information, visit www.kosmosenergy.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All
statements, other than statements of historical facts, included in
this press release that address activities, events or developments
that Kosmos expects, believes or anticipates will or may occur in
the future are forward-looking statements. Kosmos’ estimates
and forward-looking statements are mainly based on its current
expectations and estimates of future events and trends, which
affect or may affect its businesses and operations. Although Kosmos
believes that these estimates and forward-looking statements are
based upon reasonable assumptions, they are subject to several
risks and uncertainties and are made in light of information
currently available to Kosmos. When used in this press release, the
words “anticipate,” “believe,” “intend,” “expect,” “plan,” “will”
or other similar words are intended to identify forward-looking
statements. Such statements are subject to a number of assumptions,
risks and uncertainties, many of which are beyond the control of
Kosmos, which may cause actual results to differ materially from
those implied or expressed by the forward-looking statements.
Further information on such assumptions, risks and uncertainties is
available in Kosmos’ Securities and Exchange Commission (“SEC”)
filings. Kosmos undertakes no obligation and does not intend to
update or correct these forward-looking statements to reflect
events or circumstances occurring after the date of this press
release, except as required by applicable law. You are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. All
forward-looking statements are qualified in their entirety by this
cautionary statement.
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version on businesswire.com: http://www.businesswire.com/news/home/20170720005385/en/
Kosmos EnergyInvestor RelationsNeal Shah,
+1-214-445-9628nshah@kosmosenergy.comorRhys Williams,
+1-214-445-9693rwilliams@kosmosenergy.comorMedia RelationsThomas
Golembeski, +1-214-445-9674tgolembeski@kosmosenergy.com
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