Reading deepwater exploration and production firm focused on assembly the world’s rising demand for energy, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) conference and exhibition, Africa’s premier occasion for the oil and gas sector which can happen from October 18-21, 2022 in Cape Town.
As some of the lively worldwide independents driving exploration in Africa and fast tracking the development of discovered hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s greatest event for the vitality sector – might 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 providing access to reasonably priced and dependable power to some 600 million people which are dwelling in vitality poverty throughout the region.
While oil and gasoline production has declined throughout the African continent as a outcome of numerous elements including an absence of enough investments in exploration and delays in project development because of 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 sequence 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 making ready for an increase in fuel production – to fulfill rising demand each regionally and globally, particularly as regions corresponding to Europe are in search of various gas provides to diversify away from Russia – Kosmos Energy has emerged as a super and reliable companion to optimize exploration, venture improvement, production, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a strong testament of the company’s commitment to speed up the continent’s gasoline market enlargement to alleviate rising vitality poverty while kickstarting sustainable socioeconomic growth as the vitality transition intensifies.
“Kosmos Energy’s give attention to utilizing innovation, know-how and a robust mindset on sustainable exploring for vitality has led it to attain world-class discoveries in Africa. They have made it some extent to deliver together a group with various talent units and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t solely about markets, however finding crucial options to 600 million with out entry to electricity 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 venture developments corresponding to GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy helps place the continent as a global power hub, exploiting the sources that can help make power poverty history by 2030.”
As ที่วัดแรงดันน้ำ , Kosmos Energy will participate in high-level panel discussions and meetings, providing an replace on present and future exploration and production initiatives. 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 forums to discuss the role of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable companions to boost its oil and gasoline marketplace for vitality safety and GDP progress.
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