Kosmos Energy (NYSE: KOS) announced today that its Guembeul-1 exploration well, located in the northern part of the St. Louis Offshore Profond license area in Senegal, has made a significant gas discovery.

Standard & Poor's Ratings Services affirmed its 'B+/B' ratings on the Republic of Senegal. The outlook is stable.

Moody's Investors Service has today affirmed Government of Senegal's B1 bond rating and maintained its stable outlook.

Senegal plans to issue a $500 million 10-year Eurobond this year at an interest rate of about 6 percent, the International Monetary Fund said in a report published on Tuesday.