Reading deepwater exploration and manufacturing firm focused on assembly the world’s rising demand for vitality, Kosmos Energy has confirmed its silver sponsorship on the upcoming African Energy Week (AEW) conference and exhibition, Africa’s premier occasion for the oil and gasoline sector which is able to happen from October 18-21, 2022 in Cape Town.
As one of the lively international independents driving exploration in Africa and fast tracking the event of discovered hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s greatest occasion for the energy sector – shall be key for any and all discussions around position the continent’s a hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic feet of gas reserves will play in offering access to reasonably priced and dependable power to some 600 million people which are residing in power poverty across the area.
While oil and gas production has declined throughout the African continent as a outcome of varied factors together with a scarcity of enough investments in exploration and delays in project development due to the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream activities and investments in both frontier and rising markets.
Exploration campaigns
A collection of exploration campaigns launched by Kosmos Energy in Ghana, Equatorial Guinea, Mauritania and Senegal have revamped the continent’s upstream sector. With Africa set to witness an uptick in licensing rounds and exploration spending in 2022 and past, Kosmos Energy – as certainly one of Africa’s high explorers – will help drive the developments.
Moreover, with Africa getting ready for an increase in gasoline production – to satisfy rising demand both regionally and globally, significantly as regions similar to Europe are looking for various gas provides to diversify away from Russia – Kosmos Energy has emerged as a super and reliable partner to optimize exploration, venture growth, manufacturing, infrastructure rollout and resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a robust testament of the company’s commitment to accelerate the continent’s gasoline market expansion to alleviate growing energy poverty whilst kickstarting sustainable socioeconomic growth because the power transition intensifies.
“Kosmos Energy’s concentrate on utilizing innovation, expertise and a powerful mindset on sustainable exploring for power has led it to achieve world-class discoveries in Africa. They have made it a degree to deliver together a staff with various skill sets and backgrounds to serve in Africa. pressure gauge 4 นิ้ว ราคา understands that their work in Africa just isn’t solely about markets, but finding important solutions to 600 million with out access to electricity and 900 million without clear cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale challenge developments such as GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, amongst different exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy is helping position the continent as a global energy hub, exploiting the sources that can assist make energy poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, providing an update on present and future exploration and manufacturing tasks. Under the theme ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in various networking forums to discuss the position of international independents in maximizing upstream, midstream and downstream activities as Africa seeks dependable companions to boost its oil and gas marketplace for power safety and GDP growth.
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