Reading deepwater exploration and manufacturing company targeted on assembly the world’s rising demand for power, 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 in a position to happen from October 18-21, 2022 in Cape Town.
As one of the most active worldwide independents driving exploration in Africa and quick monitoring the development of discovered hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s greatest event for the energy sector – shall be key for any and all discussions around position the continent’s one hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic toes of fuel reserves will play in providing entry to inexpensive and dependable energy to some 600 million individuals which are dwelling in power poverty across the area.
While เกจวัดแรงดัน and gas production has declined across the African continent as a result of various elements together with a scarcity of adequate investments in exploration and delays in venture improvement due to the COVID-19 pandemic, Kosmos Energy has emerged as a key participant, 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 considered one of Africa’s top explorers – will help drive the developments.
Moreover, with Africa preparing for an increase in gasoline production – to satisfy rising demand each regionally and globally, particularly as regions similar to Europe are seeking different gasoline supplies to diversify away from Russia – Kosmos Energy has emerged as a super and dependable companion to optimize exploration, challenge growth, manufacturing, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a strong testomony of the company’s commitment to speed up the continent’s gas market growth to alleviate growing vitality poverty whilst kickstarting sustainable socioeconomic development as the power transition intensifies.
“Kosmos Energy’s focus on utilizing innovation, know-how and a robust mindset on sustainable exploring for vitality has led it to achieve world-class discoveries in Africa. They have made it a point to deliver together a staff with numerous talent sets and backgrounds to serve in Africa. The leadership understands that their work in Africa just isn’t only about markets, but discovering critical solutions to 600 million with out access to electrical energy 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 venture developments corresponding 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 position the continent as a world vitality hub, exploiting the resources that will assist make vitality poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and conferences, offering 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 various networking boards to debate the position of worldwide independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable companions to spice up its oil and fuel market for power safety and GDP progress.
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