Reading deepwater exploration and production company focused on meeting the world’s growing demand for vitality, 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 can happen from October 18-21, 2022 in Cape Town.
As one of the lively 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 biggest event for the vitality sector – might be key for any and all discussions round role the continent’s 125.three billion barrels of crude oil and 620 trillion cubic toes of fuel reserves will play in providing entry to reasonably priced and reliable vitality to some 600 million individuals that are residing in energy poverty throughout the area.
While oil and gas production has declined throughout the African continent due to varied elements together with a lack of sufficient investments in exploration and delays in project improvement as a end result of COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream activities and investments in each 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 เกจวัดแก๊สหุงต้ม 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 help drive the developments.
Moreover, with Africa getting ready for a rise in fuel production – to fulfill rising demand each regionally and globally, significantly as areas such as Europe are in search of different gasoline supplies to diversify away from Russia – Kosmos Energy has emerged as a perfect and reliable partner to optimize exploration, project improvement, manufacturing, infrastructure rollout and resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a robust testomony of the company’s dedication to accelerate the continent’s gasoline market growth to alleviate rising vitality poverty whilst kickstarting sustainable socioeconomic progress as the vitality transition intensifies.
“Kosmos Energy’s concentrate on utilizing innovation, technology and a strong mindset on sustainable exploring for vitality has led it to attain world-class discoveries in Africa. They have made it a degree to convey together a group with various ability units and backgrounds to serve in Africa. The management understands that their work in Africa just isn’t solely about markets, but finding crucial options to 600 million without entry to electrical energy and 900 million without clean cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale project developments such as 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 helps place the continent as a world power hub, exploiting the assets that can assist make energy poverty history by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, providing an replace on current and future exploration and manufacturing projects. 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 position of international independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable partners to spice up its oil and gasoline market for vitality safety and GDP development.
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