Kosmos Energy Announces Successful Arbitration. As a consequence of the arbitration award, Kosmos will not be required to fund Kosmos’ portion of Tullow’s liability to Seadrill, estimated by Tullow to be approximately $50,800,000. Kosmos will also be reimbursed by Tullow for approximately $14 million plus interest, related to amounts previously paid under protest as well as certain costs and fees of pursuing the arbitration.
Info:
businesswire.com/news/home/20180717006075/en/Kosmos-Energy-Announces-Successful-Arbitration
Info:
businesswire.com/news/home/20180717006075/en/Kosmos-Energy-Announces-Successful-Arbitration
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