Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and production firm targeted on assembly the world’s growing demand for energy, Kosmos Energy has confirmed its silver sponsorship on the upcoming African Energy Week (AEW) convention and exhibition, Africa’s premier occasion for the oil and fuel sector which can take place from October 18-21, 2022 in Cape Town.
As one of the energetic international independents driving exploration in Africa and quick monitoring the event of discovered 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 round function the continent’s one hundred twenty five.three billion barrels of crude oil and 620 trillion cubic toes of gas reserves will play in providing access to reasonably priced and dependable power to some 600 million people that are residing in vitality poverty throughout the region.
While เกจวัดแรงดัน1บาร์ and gasoline manufacturing has declined across the African continent as a result of various components together with a lack of sufficient investments in exploration and delays in challenge growth as a outcome of COVID-19 pandemic, Kosmos Energy has emerged as a key participant, boosting upstream actions and investments in each 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 beyond, Kosmos Energy – as certainly one of Africa’s prime explorers – will assist drive the developments.
Moreover, with Africa preparing for an increase in gas manufacturing – to meet rising demand both regionally and globally, notably as areas such as Europe are seeking different fuel provides to diversify away from Russia – Kosmos Energy has emerged as a super and dependable partner to optimize exploration, project improvement, manufacturing, infrastructure rollout and resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a robust testament of the company’s dedication to speed up the continent’s gas market enlargement to alleviate rising power poverty whilst kickstarting sustainable socioeconomic progress because the energy transition intensifies.
“Kosmos Energy’s give attention to utilizing innovation, expertise and a powerful mindset on sustainable exploring for vitality has led it to attain world-class discoveries in Africa. They have made it a point to deliver collectively a staff with numerous ability sets and backgrounds to serve in Africa. The leadership understands that their work in Africa just isn’t solely about markets, but finding critical solutions to 600 million with out access to electrical energy and 900 million without clean cooking applied sciences,” 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 different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy is helping position the continent as a global energy hub, exploiting the resources that will 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 initiatives. Under the theme ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in numerous networking boards to discuss the position of international independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable companions to spice up its oil and fuel market for vitality safety and GDP development.
Share

Leave a Comment