Kosmos says corruption investigation into MODEC may increase costs at Ghana’s Jubilee field

Texas-based closely held oil company, Kosmos Energy says an investigation of MODEC, for alleged corruption could lead to extra cost at the Jubilee oil field.
A report by the Dow Jones news service citing Kosmos Energy’s initial public offering (IPO) prospectus says the probe may hypothetically trigger an interruption of production at Ghana’s largest oil field. Commercial oil production from the field started December 15, 2010. It however, adds that interruption of production is unlikely.
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Source: Ghana Business News