Reading deepwater exploration and manufacturing firm focused on assembly the world’s growing 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 gasoline sector which will take place from October 18-21, 2022 in Cape Town.
As one of the most energetic international independents driving exploration in Africa and fast tracking the event of discovered hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s greatest occasion for the vitality sector – shall be key for any and all discussions round function the continent’s a hundred twenty five.three billion barrels of crude oil and 620 trillion cubic toes of gasoline reserves will play in providing access to inexpensive and dependable power to some 600 million people which may be residing in energy poverty across the region.
While oil and fuel production has declined throughout the African continent because of numerous elements together with a lack of enough investments in exploration and delays in venture growth due to the COVID-19 pandemic, Kosmos Energy has emerged as a key participant, boosting upstream activities and investments in both frontier and rising markets.
ที่วัดแรงดันน้ำ 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 considered one of Africa’s top explorers – will help drive the developments.
Moreover, with Africa getting ready for an increase in gas manufacturing – to meet rising demand both regionally and globally, notably as areas such as Europe are looking for alternative fuel supplies to diversify away from Russia – Kosmos Energy has emerged as a super and dependable partner to optimize exploration, challenge improvement, production, infrastructure rollout and useful resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a robust testament of the company’s commitment to accelerate the continent’s gasoline market enlargement to alleviate growing energy poverty while kickstarting sustainable socioeconomic growth because the power transition intensifies.
“Kosmos Energy’s give attention to using innovation, technology and a robust mindset on sustainable exploring for vitality has led it to achieve world-class discoveries in Africa. They have made it a degree to deliver collectively a staff with numerous ability sets and backgrounds to serve in Africa. The leadership understands that their work in Africa is not solely about markets, however discovering crucial solutions to 600 million with out entry to electricity and 900 million with out clear cooking technologies,” 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, amongst different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy is helping place the continent as a world vitality hub, exploiting the sources that will help make power poverty history by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and meetings, providing an replace on current and future exploration and production tasks. Under the theme ‘Exploring and Investing in Africa’s Energy Future whereas Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in numerous networking boards to debate the position of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable companions to boost its oil and gas market for energy security and GDP progress.
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