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    Home > Finance > Kosmos Energy walks away from Tullow Oil acquisition
    Finance

    Kosmos Energy walks away from Tullow Oil acquisition

    Published by Global Banking & Finance Review®

    Posted on December 17, 2024

    1 min read

    Last updated: January 27, 2026

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    Quick Summary

    Kosmos Energy has decided not to proceed with the acquisition of Tullow Oil, without providing specific reasons. The talks were in early stages.

    Kosmos Energy Withdraws from Tullow Oil Acquisition Deal

    U.S. oil and gas firm Kosmos Energy walked away from its plan to buy West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision, less than a week after the firms said they were in early talks for a possible deal.

    (Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Tasim Zahid)

    Key Takeaways

    • •Kosmos Energy cancels acquisition of Tullow Oil.
    • •No specific reason given for the withdrawal.
    • •Talks were in early stages before the decision.
    • •Both companies are focused on West Africa.
    • •The decision impacts future business strategies.

    Frequently Asked Questions about Kosmos Energy walks away from Tullow Oil acquisition

    1What is the main topic?

    The main topic is Kosmos Energy's decision to halt its acquisition of Tullow Oil, a company focused on West Africa.

    2Why did Kosmos Energy walk away from the deal?

    Kosmos Energy did not specify any reasons for walking away from the acquisition deal with Tullow Oil.

    3What was the status of the acquisition talks?

    The acquisition talks between Kosmos Energy and Tullow Oil were in the early stages before the decision to halt.

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