Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

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) convention and exhibition, Africa’s premier occasion for the oil and gas sector which is in a position to take place from October 18-21, 2022 in Cape Town.
As one of the most lively 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 occasion for the energy sector – might be key for any and all discussions round role the continent’s 125.three billion barrels of crude oil and 620 trillion cubic toes of gas reserves will play in providing access to inexpensive and reliable vitality to some 600 million folks which are dwelling in vitality poverty across the region.
While oil and fuel production has declined across the African continent because of various elements including an absence of enough investments in exploration and delays in challenge development because of the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions and investments in each frontier and rising markets.
compound gauge ราคา 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 prime explorers – will help drive the developments.
Moreover, with Africa preparing for an increase in fuel production – to meet rising demand both regionally and globally, particularly as areas corresponding to Europe are in search of alternative fuel supplies to diversify away from Russia – Kosmos Energy has emerged as an ideal and dependable associate to optimize exploration, venture growth, manufacturing, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a robust testomony of the company’s dedication to speed up the continent’s gasoline market growth to alleviate growing vitality poverty whilst kickstarting sustainable socioeconomic growth as the vitality transition intensifies.
“Kosmos Energy’s concentrate on utilizing innovation, expertise and a strong mindset on sustainable exploring for energy has led it to achieve world-class discoveries in Africa. They have made it a point to bring collectively a group with various ability sets and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t solely about markets, however finding critical solutions to 600 million without access to electrical energy and 900 million without clear 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 area in Ghana, Kosmos Energy is helping place the continent as a world vitality hub, exploiting the sources that may help 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 projects. Under the theme ‘Exploring and Investing in Africa’s Energy Future whereas Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in various networking boards to debate the role of international independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable partners to spice up its oil and gas market for energy security and GDP growth.
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