Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and manufacturing company targeted on assembly the world’s growing demand for vitality, Kosmos Energy has confirmed its silver sponsorship on the upcoming African Energy Week (AEW) convention and exhibition, Africa’s premier occasion for the oil and gasoline sector which can take place from October 18-21, 2022 in Cape Town.
As one of the active international independents driving exploration in Africa and quick monitoring the development of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s greatest event for the energy sector – might be key for any and all discussions around function the continent’s 125.three billion barrels of crude oil and 620 trillion cubic ft of gas reserves will play in offering entry to inexpensive and reliable energy to some 600 million folks which may be residing in energy poverty throughout the area.
While compound gauge ราคา and gasoline production has declined across the African continent due to numerous factors together with an absence of enough investments in exploration and delays in challenge growth as a outcome of COVID-19 pandemic, Kosmos Energy has emerged as a key participant, boosting upstream activities and investments in both frontier and emerging 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 beyond, Kosmos Energy – as one of Africa’s prime explorers – will assist drive the developments.
Moreover, with Africa getting ready for a rise in gasoline production – to meet rising demand both regionally and globally, particularly as areas such as Europe are seeking various gas supplies to diversify away from Russia – Kosmos Energy has emerged as a perfect and dependable companion to optimize exploration, venture improvement, manufacturing, infrastructure rollout and useful resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a powerful testomony of the company’s commitment to accelerate the continent’s fuel market growth to alleviate rising vitality poverty while kickstarting sustainable socioeconomic development because the vitality transition intensifies.
“Kosmos Energy’s concentrate on using innovation, expertise and a strong mindset on sustainable exploring for power has led it to realize world-class discoveries in Africa. They have made it a degree to convey together a staff with various talent units and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t solely about markets, however finding critical options to 600 million with out entry to electrical energy and 900 million with out clear cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale challenge developments corresponding to GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy helps place the continent as a worldwide power hub, exploiting the resources that can assist make energy poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and conferences, 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 numerous networking forums to debate the role of international independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable companions to boost its oil and fuel market for vitality safety and GDP growth.
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