Neal D. Shah Assumes Kosmos Energy CFO Position
Oil and gas firm Kosmos Energy on Monday said that Neal D. Shah would become the company’s Senior Vice President and Chief Financial Officer effective May 11, 2020.The management change comes following Kosmos Energy's announcement back in February that Thomas P. Chambers would retire as the chief financial officer, a post he has held since November 2014.Neal D. Shah moves to the CFO position from his senior vice president and deputy chief financial officer post. Shah’s annual base salary remains unchanged at $460,000 and his target annual bonus opportunity remains unchanged at 75%
Ghana Climbing Oil Producer Ranks
company Tullow, could bounce back to production of around 115,000 bpd once it solves technical problems with its production vessel. At the same time, the Sankofa field operated by Italian company ENI is due to open in August 2017 and should produce around 30,000 bpd, while U.S. independent Kosmos Energy plans to connect the Mahogany-Teak-Akasa (MTA) field to the Jubilee oil production ship. "Based on existing fields and field development plans Ghana crude oil output is estimated to be over 240,000 bpd by 2019. This could potentially make Ghana the fourth largest oil producer in