Kosmos Energy CRR 2013 1 | Page 26

23 COMMERCIAL PRODUCTION AND DEVELOPMENT GHANA BUILDING LOCAL CAPACITY: ZEAL WASTE MANAGEMENT Safely handling the transportation, recycling, treatment and disposal of industrial waste is one of the most important services in the oil industry. Kosmos has spent years building the capability of a young Ghanaian waste management company in developing its business to support the growing oil industry in Ghana. Kosmos arranged for Zeal Waste Management to travel to Louisiana for training on vessel and tank cleaning. As a result, Zeal invested in new equipment and has since provided tank cleaning services to all the operators in Ghana’s Western Region. The company has constructed a new integrated waste management facility outside of Takoradi to expand its used oil recycling and groundwater monitoring capabilities. With additional Kosmos support, Zeal recently expanded its services to include oil spill assistance and emergency response. Today, Zeal employs approximately 180 Ghanaians and conducts social investment projects in the local community. The company has become a premier environmental management company managing oil and gas industrial waste from eight countries. Kosmos aims to bring lasting benefits to the communities where we operate... we are investing in Ghana’s future. Sharing Our Success with Local Suppliers At Kosmos, we aim to maximize the use of local suppliers wherever we do business so that our host countries benefit from our operations. This is an important way we can contribute to economic and social progress. We recognize that in some instances this may require a proactive approach to building the skills of local people to help suppliers become more competitive. Supporting Local Content Initiatives In November 2013, Ghana passed significant local content and local participation legislation. The legislation focused on delivering two key outcomes: the development of Ghanaians to fill skilled jobs, and the use of local goods and services. Yvonne Paintsil Yale School of Management Kosmos Energy Scholar Kosmos strongly supports local content in Ghana, as well as in the other countries where we do business. All of our employees in the Ghana office are Ghanaians, except for our expatriate country manager. We recognize the strengths of the proposed regulations and the challenges they will present to our industry. We are working with the national Petroleum Commission to address these challenges and ensure successful local content programs. We have an ongoing and open dialogue with authorities in Ghana about our local content practices and ways we can safely improve local content at Kosmos in Ghana. As an active non-operator, we support the operator’s efforts to maximize local content application in the Jubilee field and the TEN project. Investing in People: Training and Leadership Development In keeping with our support of local content, Kosmos provides professional training to all employees in Ghana. The Ghana-based human resources department suggests courses and practical training programs that develop our Ghanaian employees’ leadership potential and positively impact their careers. Last year, Kosmos sponsored Accra-based employee George Acheampong’s pursuit of a master’s degree in Petroleum Engineering at Heriot-Watt University in Edinburgh, Scotland. Kosmos also established a merit-based scholarship at the Yale School of Management to support students from Africa entering the school’s Master of Advanced Management program, with a preference given to students from Ghana. Yvonne Paintsil, class of 2014, was named the first Kosmos Energy Scholar. With investments in scholarships and other programs, Kosmos aims to bring lasting benefits to the communities where we operate. By helping to foster Ms. Paintsil’s continued education and entrepreneurship, we are investing in Ghana’s future.