Reading deepwater exploration and production firm targeted on assembly the world’s rising demand for energy, 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 fuel sector which can happen from October 18-21, 2022 in Cape Town.
As one of the most energetic worldwide independents driving exploration in Africa and quick monitoring the event of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s largest event for the energy sector – might be key for any and all discussions around function the continent’s 125.three billion barrels of crude oil and 620 trillion cubic toes of gasoline reserves will play in providing entry to reasonably priced and dependable energy to some 600 million people that are residing in vitality poverty across the region.
While oil and fuel manufacturing has declined across the African continent because of numerous factors together with an absence of adequate investments in exploration and delays in challenge improvement as a result of COVID-19 pandemic, Kosmos Energy has emerged as a key participant, boosting upstream actions and investments in each frontier and emerging markets.
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 prime explorers – will assist drive the developments.
Moreover, with Africa making ready for an increase in gasoline manufacturing – to meet rising demand both regionally and globally, particularly as areas corresponding to Europe are in search of various gas provides to diversify away from Russia – Kosmos Energy has emerged as a super and dependable associate to optimize exploration, venture growth, 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 strong testomony of the company’s dedication to speed up the continent’s gasoline market growth to alleviate rising energy poverty while kickstarting sustainable socioeconomic progress as the vitality transition intensifies.
“ ราคาpressuregauge ’s focus on utilizing innovation, technology and a robust mindset on sustainable exploring for vitality has led it to realize world-class discoveries in Africa. They have made it some extent to deliver together a team with various ability sets and backgrounds to serve in Africa. The leadership understands that their work in Africa is not solely about markets, however discovering crucial options to 600 million without entry to electrical energy and 900 million with out clean cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale challenge developments such as GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy helps position the continent as a global energy hub, exploiting the assets that will help make power poverty history by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and conferences, providing an update on current and future exploration and manufacturing 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 boards to discuss the function of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable companions to boost its oil and gas market for vitality safety and GDP progress.