Reading deepwater exploration and production firm targeted on assembly the world’s growing demand for power, 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 gasoline sector which will take place from October 18-21, 2022 in Cape Town.
As some of the energetic 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 event for the power sector – will be key for any and all discussions round function the continent’s a hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic feet of fuel reserves will play in offering access to affordable and reliable vitality to some 600 million individuals that are dwelling in power poverty across the area.
While oil and gas production has declined throughout the African continent due to numerous components including a scarcity of enough investments in exploration and delays in project improvement due to the 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 one of Africa’s prime explorers – will assist drive the developments.
Moreover, with Africa getting ready for an increase in fuel manufacturing – to meet rising demand each regionally and globally, particularly as areas such as Europe are looking for various gasoline provides to diversify away from Russia – Kosmos Energy has emerged as a super and reliable companion to optimize exploration, challenge growth, production, infrastructure rollout and useful resource monetization.
เกจ์ออกซิเจนsumo as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a strong testament of the company’s dedication to accelerate the continent’s gasoline market enlargement to alleviate growing power poverty while kickstarting sustainable socioeconomic progress as the vitality transition intensifies.
“Kosmos Energy’s give consideration to utilizing innovation, technology and a robust mindset on sustainable exploring for vitality has led it to realize world-class discoveries in Africa. They have made it a degree to deliver together a group with numerous talent sets and backgrounds to serve in Africa. The management understands that their work in Africa is not solely about markets, but finding critical options to 600 million without entry to electricity and 900 million with out clean cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale project developments similar to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee area in Ghana, Kosmos Energy is helping position the continent as a world power hub, exploiting the sources that can assist make power poverty history by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, offering an update on current and future exploration and manufacturing projects. Under the theme ‘Exploring and Investing in Africa’s Energy Future whereas Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in numerous networking forums to debate the position of worldwide independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable companions to boost its oil and fuel marketplace for power security and GDP growth.
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