Reading deepwater exploration and manufacturing firm focused on assembly the world’s rising demand for vitality, 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 fuel sector which is ready to take place 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 biggest occasion for the vitality sector – will be key for any and all discussions around role the continent’s one hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic feet of fuel reserves will play in offering entry to inexpensive and reliable vitality to some 600 million folks which might be living in energy poverty across the region.
While oil and gas manufacturing has declined across the African continent due to numerous components including a lack of sufficient investments in exploration and delays in challenge development as a outcome of COVID-19 pandemic, Kosmos Energy has emerged as a key participant, boosting upstream actions and investments in each frontier and emerging 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 considered one of Africa’s prime explorers – will help drive the developments.
Moreover, with Africa getting ready for an increase in gas production – to fulfill rising demand each regionally and globally, significantly as regions corresponding to Europe are seeking different gas supplies to diversify away from Russia – Kosmos Energy has emerged as a super and reliable associate to optimize exploration, venture growth, manufacturing, infrastructure rollout and resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a powerful testament of the company’s commitment to speed up the continent’s gasoline market growth to alleviate rising power poverty whilst kickstarting sustainable socioeconomic progress because the energy transition intensifies.
“Kosmos Energy’s focus on using innovation, technology and a robust mindset on sustainable exploring for vitality has led it to achieve world-class discoveries in Africa. เกจวัดแรงดันลมขนาดเล็ก have made it a point to bring collectively a team with various talent units and backgrounds to serve in Africa. The leadership understands that their work in Africa just isn’t solely about markets, however finding crucial solutions to 600 million with out entry to electricity and 900 million without clean cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale challenge developments corresponding to GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, among other exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy is helping position the continent as a global power hub, exploiting the assets that can help make energy poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, providing an replace on present and future exploration and manufacturing tasks. 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 forums to debate the function of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable partners to spice up its oil and gas market for energy security and GDP growth.