Kosmos Energy Share News (KOS)

BP says production vessel sets sail from China to coast off Senegal

(Alliance News) - BP PLC on Monday said the floating production, storage and offloading vessel for its Greater Tortue Ahmeyim liquefied natural gas project set sail from Qidong in China on Friday.

DIRECTOR DEALINGS: Chesnara CEO buys shares; Frontier's Director sells

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

Berenberg nudges up target price on Kosmos Energy

(Sharecast News) - Analysts at Berenberg slightly raised their target price on deepwater exploration and production company Kosmos Energy from 710.0p to 735.0p on Tuesday, citing "good progress" seen in the group's third-quarter results.

Kosmos Energy swings to quarterly profit as revenue leaps, costs fall

(Alliance News) - Kosmos Energy Ltd on Monday said it reached its year-end leverage target ahead of schedule and reported a significant jump in revenue.

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

IN BRIEF: Kosmos says typhoon hit vessel returned to quayside in China

Kosmos Energy Ltd - oil and gas producer focused on Ghana, Guinea and the US Gulf of Mexico - Says earlier this month, partner BP PLC informed Kosmos that the floating production, storage and offloading vessel being built for the pair's Greater Tortue Ahmeyim project was unmoored by a storm. The FPSO, being built in a shipyard in Qidong, China, drifted 200 meters off the quayside after mooring lines became compromised during Typhoon Muifa. Kosmos has now been informed by BP that the FPSO has been returned to the quayside of the COSCO shipyard in China. Says inspections conducted to date have not identified any serious damage. Plans to give a further project update alongside its third quarter results in early November.

IN BRIEF: Kosmos Energy says under-construction vessel hit by typhoon

Kosmos Energy Ltd - oil and gas producer focused on Ghana, Guinea and the US Gulf of Mexico - Says partner BP PLC informs Kosmos that the floating production, storage and offloading vessel being built for the pair's Greater Tortue Ahmeyim project was unmoored by a storm. The FPSO being built in a shipyard in Qidong, China, drifted 200 meters off the quayside after mooring lines became compromised during Typhoon Muifa. Kosmos says the vessel is being returned to the quayside, and the cost of this and any potential damage is expected to be covered by insurance. The Greater Tortue Ahmeyim project is offshore Mauritania and Senegal in west Africa and is operated by BP.

LONDON BROKER RATINGS: Berenberg downgrades Biffa, raises Kosmos

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON BRIEFING: Novartis to spin off generic drugs arm Sandoz

(Alliance News) - Novartis on Thursday announced plans to separate its generic and biosimilar division, Sandoz, into a standalone entity by a 100% spin-off, to be listed in Zurich.

Kosmos Energy swings to profit as net output at upper end of guidance

(Alliance News) - Kosmos Energy Ltd on Monday reported a "strong" second quarter, with total production at the upper end of guidance, swinging to quarterly profit.

UK earnings, trading statements calendar - next 7 days

Tullow Oil maintains annual guidance as first half meets expectations

(Alliance News) - Tullow Oil PLC on Wednesday kept its annual production outlook unchanged after what it called a solid first-half performance, while it continues to progress its agreed merger with Capricorn Energy PLC.

LONDON BROKER RATINGS: HSBC cuts pub stocks; Goldman downgrades M&S

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

DIRECTOR DEALINGS: Sutardja Family raises stake in Alphawave IP to 13%

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

Director dealings: Johnson Matthey non-exec spends over £51k

(Sharecast News) - Speciality chemicals company Johnson Matthey was on the list of director buys on Tuesday, after one of its non-executive directors spent over £51k on shares.