Reading deepwater exploration and production company centered on assembly the world’s growing demand for vitality, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) convention and exhibition, Africa’s premier occasion for the oil and gasoline sector which is in a position to happen from October 18-21, 2022 in Cape Town.
As one of the most lively worldwide 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 greatest event for the energy sector – will be key for any and all discussions round function the continent’s 125.three billion barrels of crude oil and 620 trillion cubic toes of gas reserves will play in providing access to affordable and reliable vitality to some 600 million folks that are dwelling in vitality poverty across the region.
While oil and fuel production has declined across the African continent as a end result of numerous elements including a scarcity of enough investments in exploration and delays in venture development as a end result of COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions and investments in both frontier and emerging 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 beyond, Kosmos Energy – as one of Africa’s prime explorers – will help drive the developments.
Moreover, with Africa making ready for an increase in gas manufacturing – to satisfy rising demand both regionally and globally, notably as areas corresponding to Europe are seeking different gas provides to diversify away from Russia – Kosmos Energy has emerged as a super and dependable companion to optimize exploration, challenge improvement, production, infrastructure rollout and useful resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) projects offshore Senegal and Mauritania are a robust testomony of the company’s dedication to accelerate the continent’s gasoline market growth to alleviate rising energy poverty whilst kickstarting sustainable socioeconomic progress as the vitality transition intensifies.
“Kosmos Energy’s concentrate on utilizing innovation, expertise and a robust mindset on sustainable exploring for power has led it to achieve world-class discoveries in Africa. They have made it some extent to deliver collectively a staff with various skill sets and backgrounds to serve in Africa. The leadership understands that their work in Africa is not only about markets, however discovering critical solutions to 600 million with out access to electricity and 900 million without clear cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale project developments similar to GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy is helping position the continent as a global vitality hub, exploiting the resources that will help make vitality poverty history by 2030.”
As เพรสเชอร์เกจnuovafima , 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 boards to debate the position of worldwide independents in maximizing upstream, midstream and downstream activities as Africa seeks dependable companions to boost its oil and gasoline marketplace for power security and GDP progress.
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