Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and production company focused on meeting 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 fuel sector which will take place from October 18-21, 2022 in Cape Town.
As some of the active international 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 largest event for the vitality sector – will be key for any and all discussions round role the continent’s a hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic ft of fuel reserves will play in providing access to inexpensive and reliable energy to some 600 million folks which would possibly be living in power poverty across the area.
While oil and fuel manufacturing has declined across the African continent as a result of various factors including an absence of sufficient investments in exploration and delays in venture growth due to the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions and investments in each 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 past, Kosmos Energy – as certainly one of Africa’s prime explorers – will help drive the developments.
Moreover, with Africa preparing for an increase in gas production – to fulfill rising demand each regionally and globally, notably as regions corresponding to Europe are looking for various fuel provides to diversify away from Russia – Kosmos Energy has emerged as a perfect and reliable associate to optimize exploration, project development, production, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) projects offshore Senegal and Mauritania are a powerful testament of the company’s commitment to accelerate the continent’s gasoline market expansion to alleviate rising vitality poverty whilst kickstarting sustainable socioeconomic progress as the vitality transition intensifies.
“Kosmos Energy’s concentrate on using innovation, know-how and a strong 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 group with diverse ability units and backgrounds to serve in Africa. เครื่องมือวัดความดันคือ understands that their work in Africa just isn’t only about markets, but discovering critical solutions to 600 million without access 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 in the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy is helping position the continent as a world vitality hub, exploiting the resources that will assist make energy poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and meetings, offering an replace on current 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 numerous networking boards to debate the role of worldwide independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable companions to boost its oil and fuel market for power security and GDP development.
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