Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and production firm centered on meeting the world’s rising demand for vitality, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) convention and exhibition, Africa’s premier event for the oil and gas sector which is in a position to take place from October 18-21, 2022 in Cape Town.
As some of the energetic 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 occasion for the power sector – will be key for any and all discussions around function the continent’s one hundred twenty five.three billion barrels of crude oil and 620 trillion cubic ft of gas reserves will play in providing entry to reasonably priced and reliable vitality to some 600 million people which are residing in vitality poverty throughout the area.
While oil and fuel manufacturing has declined across the African continent due to various factors together with a lack of adequate investments in exploration and delays in challenge improvement due to the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions and investments in both 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 beyond, Kosmos Energy – as one of Africa’s high explorers – will assist drive the developments.
Moreover, with Africa making ready for a rise in gasoline production – to meet rising demand each regionally and globally, notably as areas similar to Europe are in search of different gas supplies to diversify away from Russia – Kosmos Energy has emerged as a perfect and reliable partner to optimize exploration, project development, production, infrastructure rollout and useful resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a strong testomony of the company’s commitment to accelerate the continent’s gas market enlargement to alleviate growing energy poverty whilst kickstarting sustainable socioeconomic growth because the energy transition intensifies.
“Kosmos Energy’s give consideration to using innovation, technology and a robust mindset on sustainable exploring for vitality has led it to achieve world-class discoveries in Africa. เครื่องมือวัดpressure have made it a degree to bring collectively a staff with numerous ability sets and backgrounds to serve in Africa. The management understands that their work in Africa just isn’t solely about markets, however finding crucial options to 600 million without entry to electricity and 900 million with out clean cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale challenge developments similar to GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee area in Ghana, Kosmos Energy is helping position the continent as a world power hub, exploiting the resources that will help make energy poverty history 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 projects. Under the theme ‘Exploring and Investing in Africa’s Energy Future whereas Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in varied networking boards to discuss the role of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable companions to spice up its oil and gas market for power safety and GDP progress.
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