Reading deepwater exploration and production 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) convention and exhibition, Africa’s premier event for the oil and gasoline sector which is able to happen from October 18-21, 2022 in Cape Town.
As one of the most energetic international independents driving exploration in Africa and quick tracking the development of discovered hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s largest occasion for the energy sector – shall be key for any and all discussions around function the continent’s one hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic toes of fuel reserves will play in offering access to reasonably priced and reliable vitality to some 600 million individuals which are living in vitality poverty throughout the region.
While oil and gas production has declined throughout the African continent as a end result of varied factors together with an absence of enough investments in exploration and delays in venture development because of the COVID-19 pandemic, Kosmos Energy has emerged as a key participant, boosting upstream actions and investments in each frontier and emerging markets.
เกจวัดแรงดันไอน้ำ 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 help drive the developments.
Moreover, with Africa making ready for a rise in gasoline manufacturing – to fulfill rising demand each regionally and globally, notably as regions corresponding to Europe are seeking various fuel supplies to diversify away from Russia – Kosmos Energy has emerged as a perfect and dependable companion to optimize exploration, venture development, production, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) projects offshore Senegal and Mauritania are a robust testomony of the company’s commitment to accelerate the continent’s fuel market expansion to alleviate growing energy poverty while kickstarting sustainable socioeconomic progress because the energy transition intensifies.
“Kosmos Energy’s focus on using innovation, technology and a strong mindset on sustainable exploring for vitality has led it to achieve world-class discoveries in Africa. They have made it a degree to bring together a team with various ability sets and backgrounds to serve in Africa. The management understands that their work in Africa isn’t only about markets, however finding important options to 600 million with out access to electrical energy and 900 million without clean cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale project developments corresponding to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy is helping place the continent as a worldwide energy hub, exploiting the assets that can help make energy poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, providing an replace on present and future exploration and manufacturing initiatives. Under the theme ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in varied networking forums to discuss the function of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable companions to spice up its oil and gasoline market for energy safety and GDP growth.
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