Reading deepwater exploration and production company focused on meeting the world’s growing 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 fuel sector which is ready to happen from October 18-21, 2022 in Cape Town.
As one of the active international independents driving exploration in Africa and fast tracking the event of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s biggest occasion for the power sector – might be key for any and all discussions round function the continent’s one hundred twenty five.three billion barrels of crude oil and 620 trillion cubic toes of gasoline reserves will play in offering entry to reasonably priced and dependable energy to some 600 million folks which may be living in power poverty across the area.
While oil and fuel manufacturing has declined throughout the African continent because of numerous components together with an absence of adequate investments in exploration and delays in venture development 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 Africa 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 assist drive the developments.
Moreover, with Africa making ready for an increase in gasoline production – to meet rising demand both regionally and globally, notably as regions similar to Europe are looking for alternative fuel supplies to diversify away from Russia – Kosmos Energy has emerged as an ideal and dependable partner to optimize exploration, venture development, production, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a robust testament of the company’s commitment to accelerate the continent’s fuel market growth to alleviate growing power poverty while kickstarting sustainable socioeconomic progress because the energy transition intensifies.
“Kosmos Energy’s focus on utilizing innovation, know-how and a strong mindset on sustainable exploring for power has led it to attain world-class discoveries in Africa. They have made it a degree to bring collectively a staff with various skill units and backgrounds to serve in Africa. The management understands that their work in Africa just isn’t solely about markets, but discovering critical solutions to 600 million with out access to electrical energy and 900 million without clean cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale project developments such as GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy is helping position the continent as a world energy hub, exploiting the resources that will help make vitality poverty history by 2030.”
As เกจวัดแรงดันน้ำ , Kosmos Energy will take part in high-level panel discussions and conferences, providing an replace on current and future exploration and production tasks. Under the theme ‘Exploring and Investing in Africa’s Energy Future whereas Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in varied networking boards to discuss the role of international independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable partners to spice up its oil and gasoline market for power safety and GDP progress.
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