Reading deepwater exploration and manufacturing company focused on assembly the world’s growing demand for power, 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 gas sector which will happen from October 18-21, 2022 in Cape Town.
As some of the lively worldwide independents driving exploration in Africa and fast monitoring the development of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s largest event for the energy sector – will be key for any and all discussions around function the continent’s a hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic feet of gasoline reserves will play in offering access to inexpensive and dependable power to some 600 million people which may be living in energy poverty across the area.
While oil and fuel production has declined throughout the African continent because of numerous components together with a lack of sufficient investments in exploration and delays in challenge growth because of the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions and investments in each 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 เกจ์แรงดัน set to witness an uptick in licensing rounds and exploration spending in 2022 and past, Kosmos Energy – as one of Africa’s top explorers – will assist drive the developments.
Moreover, with Africa preparing for a rise in gas manufacturing – to satisfy rising demand both regionally and globally, particularly as areas corresponding to Europe are in search of different fuel supplies to diversify away from Russia – Kosmos Energy has emerged as a perfect and dependable partner to optimize exploration, challenge improvement, manufacturing, infrastructure rollout and useful resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a strong testament of the company’s commitment to accelerate the continent’s gasoline market enlargement to alleviate rising energy poverty while kickstarting sustainable socioeconomic progress as the vitality transition intensifies.
“Kosmos Energy’s give consideration to utilizing innovation, know-how and a robust mindset on sustainable exploring for vitality has led it to achieve world-class discoveries in Africa. They have made it a point to bring together a team with diverse talent units and backgrounds to serve in Africa. The management understands that their work in Africa is not solely about markets, however discovering important options to 600 million with out access to electrical energy and 900 million without clear cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale project developments corresponding to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy is helping place the continent as a worldwide power hub, exploiting the resources that may help make power poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, providing an update on current and future exploration and production 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 boards to debate the role of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable companions to spice up its oil and fuel market for energy security and GDP progress.
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