Reading deepwater exploration and manufacturing company centered on assembly the world’s growing demand for power, Kosmos Energy has confirmed its silver sponsorship on the upcoming African Energy Week (AEW) conference and exhibition, Africa’s premier occasion for the oil and gas sector which will happen from October 18-21, 2022 in Cape Town.
As one of the most lively international independents driving exploration in Africa and fast monitoring the development of discovered hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s largest event for the energy sector – shall be key for any and all discussions around position the continent’s one hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic toes of fuel reserves will play in offering access to inexpensive and reliable energy to some 600 million folks that are residing in vitality poverty throughout the area.
While oil and gas manufacturing has declined throughout the African continent due to varied components together with a lack of enough investments in exploration and delays in project growth because of the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream activities and investments in each 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 เครื่องมือที่ใช้วัดความดัน set to witness an uptick in licensing rounds and exploration spending in 2022 and beyond, Kosmos Energy – as one of Africa’s top explorers – will help drive the developments.
Moreover, with Africa preparing for a rise in fuel production – to fulfill rising demand both regionally and globally, particularly as regions corresponding to Europe are looking for alternative gas supplies to diversify away from Russia – Kosmos Energy has emerged as an ideal and dependable companion to optimize exploration, project development, manufacturing, infrastructure rollout and useful resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a strong testomony of the company’s dedication to accelerate the continent’s gas market enlargement to alleviate growing power poverty while kickstarting sustainable socioeconomic development because the power transition intensifies.
“Kosmos Energy’s give consideration to using innovation, technology 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 together a team with various ability units and backgrounds to serve in Africa. The management understands that their work in Africa just isn’t only about markets, but discovering important options to 600 million with out access to electrical energy 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 challenge developments corresponding to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy helps place the continent as a world power hub, exploiting the sources that can help make power poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and meetings, providing an replace on present and future exploration and production initiatives. Under the theme ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in varied 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 marketplace for power safety and GDP progress.
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