Reading deepwater exploration and production firm targeted on assembly the world’s rising demand for power, Kosmos Energy has confirmed its silver sponsorship on the upcoming African Energy Week (AEW) conference and exhibition, Africa’s premier event for the oil and fuel sector which can happen from October 18-21, 2022 in Cape Town.
As some of the active international independents driving exploration in Africa and fast monitoring the event of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s greatest event for the power sector – shall be key for any and all discussions around position the continent’s one hundred twenty five.three billion barrels of crude oil and 620 trillion cubic ft of fuel reserves will play in offering entry to inexpensive and dependable power to some 600 million people which might be dwelling in power poverty throughout the region.
While oil and fuel manufacturing has declined throughout the African continent as a result of varied elements together with a scarcity of enough 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 activities and investments in both 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 certainly one of Africa’s top explorers – will help drive the developments.
Moreover, with Africa preparing for a rise in gasoline production – to satisfy rising demand both regionally and globally, particularly as areas similar to Europe are seeking different fuel provides to diversify away from Russia – Kosmos Energy has emerged as a perfect and dependable partner to optimize exploration, venture improvement, 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 testomony of the company’s dedication to accelerate the continent’s gasoline market enlargement to alleviate growing energy poverty while kickstarting sustainable socioeconomic growth because the energy transition intensifies.
“Kosmos Energy’s give consideration to using innovation, technology and a powerful mindset on sustainable exploring for power has led it to attain world-class discoveries in Africa. เกจวัดแรงดันไฮดรอลิค have made it a point to convey collectively a group with diverse ability sets and backgrounds to serve in Africa. pressure gauge 4 นิ้ว ราคา understands that their work in Africa is not only about markets, but finding important options to 600 million without entry to electrical energy 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 project 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 place the continent as a world power hub, exploiting the assets that may assist make vitality poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate 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 various networking boards to debate the position of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable companions to boost its oil and gas marketplace for power safety and GDP development.
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