Reading deepwater exploration and production firm centered on assembly the world’s rising demand for energy, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) conference and exhibition, Africa’s premier event for the oil and gas sector which is able to take place from October 18-21, 2022 in Cape Town.
As เกจวัดแรงดันออกซิเจน of the active international independents driving exploration in Africa and fast monitoring the event of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s biggest occasion for the vitality sector – shall be key for any and all discussions round position the continent’s one hundred twenty five.three billion barrels of crude oil and 620 trillion cubic toes of gas reserves will play in offering entry to inexpensive and dependable power to some 600 million people which would possibly be dwelling in power poverty throughout the area.
While oil and gasoline manufacturing has declined across the African continent due to varied elements together with a lack of sufficient investments in exploration and delays in challenge improvement 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 series 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 top explorers – will assist drive the developments.
Moreover, with Africa making ready for an increase in fuel production – to meet rising demand both regionally and globally, particularly as areas similar to Europe are looking for alternative gasoline provides to diversify away from Russia – Kosmos Energy has emerged as an ideal and reliable associate to optimize exploration, project development, 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 testomony of the company’s commitment to accelerate the continent’s gasoline market expansion to alleviate rising vitality poverty while kickstarting sustainable socioeconomic development as the energy transition intensifies.
“Kosmos Energy’s give attention to using innovation, expertise and a strong mindset on sustainable exploring for vitality has led it to realize world-class discoveries in Africa. They have made it a degree to convey together a staff with diverse ability units and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t only about markets, but finding critical solutions to 600 million with out access to electrical energy and 900 million with out clear cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale project developments similar to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, amongst different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy helps place the continent as a world vitality hub, exploiting the resources that will help make vitality poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and conferences, providing an update on current 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 boards to discuss the position of international independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable partners to spice up its oil and gas market for power safety and GDP progress.
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