b'Our difference lies in theSenegalese realized we wereemployees and contractors.strength of the relationshipslistening to their concerns,In 2018, we saw several we forge at all levels and ouracting on their suggestions,incidents occur on third-willingness to look beyondputting the countries interestsparty marine vessels that the oil and gas industry to theat the heart of our approachsupport our seismic and direct and indirect benefitsfor the good of the project. drilling activities. In response, it can bring. Our work withIn addition, I dedicated awe are actively working Mauritania and Senegal tosignificant amount of my ownwith our contractors on get to a final investmenttime to cementing relationshipsa One Team, One Goal decision on the Greater Tortuewith both Presidents tocampaign to communicate Ahmeyim liquefied naturalensure the benefits createdour expectations and improve gas (LNG) project is a goodby our industry accrue to thetheir safety performance. example. With the supportcountries.This needs to be a relentless of both President Abdel Azizcampaign with no room for and President Sall, we formedAfter several yearscomplacency. Our objective a Working Group comprisedQ of excellent andat all times is to be incident- of representatives from theimproving safetyand injury-free, which requires national oil companies, theperformance, Kosmosemployees and contractors ministries of energy, andfinished 2018 with a Totalto maintain a safety first Kosmos; a novel approachRecordable Incident Rate ofmindset. for our industry. Its purpose1.99 and a Lost Time Incident was to drive transparencyRate (LTIR) of 0.5, againstMany in oil and gas and create a forum to discussglobal targets of less thanQ deny that climate and solve problems together,1.1 and 0.5, respectively.change is a threat rather than the foreign oilWhile these figures stillto the planet and to the company dictating how thecompare well againstindustry. What is Kosmos project should proceed, simplyindustry benchmarks, whatposition?adhering to the requirementsare you doing to improveWe recognize that the of our license agreements.performance?A world faces a serious For about three years, theNothing is morechallenge from group met monthly, rotatingA important thanclimate change influenced by between Nouakchott, Dakar,the safety of ourhuman activity, and believe and Paris. In the beginning, the meetings were friendly, but very formal. The Mauritanians and Senegalese didnt know if they could trust us. We responded with complete transparency, telling them up front what our economic returns needed to be for an investment of this size and we actually gave them our economic model. We also showed them exactly what we were deliberating on from a technical perspective and asked them to weigh in. Soon, a bond began to form as the Mauritanians and Kosmos Chairman and CEO Andy Inglis with Mauritanias Minister of Energy Mohamed Abdel Vetah following a meeting to discuss progress on the Greater Tortue Ahmeyim LNG project.3'