Reading deepwater exploration and manufacturing company centered on meeting 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 gasoline sector which can take place from October 18-21, 2022 in Cape Town.
As some of the lively international independents driving exploration in Africa and fast tracking the development of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s largest occasion for the power sector – will be key for any and all discussions around role the continent’s a hundred twenty five.three billion barrels of crude oil and 620 trillion cubic ft of gasoline reserves will play in providing access to affordable and dependable vitality to some 600 million people that are dwelling in energy poverty throughout the region.
While oil and fuel production has declined across the African continent as a end result of numerous components including a lack of adequate investments in exploration and delays in challenge development 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 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 certainly one of Africa’s top explorers – will help drive the developments.
Moreover, with diaphragm seal preparing for an increase in fuel manufacturing – to fulfill rising demand each regionally and globally, notably as areas similar to Europe are seeking alternative gas supplies to diversify away from Russia – Kosmos Energy has emerged as a super and dependable partner to optimize exploration, challenge 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 dedication to speed up the continent’s gas market expansion to alleviate rising vitality poverty while kickstarting sustainable socioeconomic development as the vitality transition intensifies.
“Kosmos Energy’s focus on utilizing innovation, know-how and a robust mindset on sustainable exploring for power has led it to attain world-class discoveries in Africa. เพรสเชอร์เกจ have made it some extent to bring collectively a team with diverse ability sets and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t solely about markets, however finding critical options to 600 million without access to electricity 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 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 field in Ghana, Kosmos Energy is helping position the continent as a world power hub, exploiting the assets that will help make vitality poverty history by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and conferences, providing an update 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 various networking forums to debate the function of worldwide independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable companions to spice up its oil and gas market for energy security and GDP progress.
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