Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading ร้านซ่อมเครื่องวัดความดัน and manufacturing firm centered on assembly the world’s growing demand for power, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) conference 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 one of the active worldwide 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 biggest event for the power sector – will be key for any and all discussions around function the continent’s 125.three billion barrels of crude oil and 620 trillion cubic feet of gasoline reserves will play in providing access to reasonably priced and reliable power to some 600 million people that are living in energy poverty across the region.
While oil and gas manufacturing has declined throughout the African continent due to varied elements including a lack of sufficient investments in exploration and delays in venture growth because of the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream activities and investments in each frontier and rising markets.
Exploration campaigns
A collection 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 considered one of Africa’s prime explorers – will assist drive the developments.
Moreover, with Africa preparing for an increase in gas manufacturing – to satisfy rising demand both regionally and globally, particularly as areas corresponding to Europe are seeking various fuel supplies to diversify away from Russia – Kosmos Energy has emerged as an ideal and reliable companion to optimize exploration, challenge growth, production, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a powerful testament of the company’s commitment to accelerate the continent’s fuel market growth to alleviate growing energy poverty whilst kickstarting sustainable socioeconomic progress because the power transition intensifies.
“Kosmos Energy’s focus on using innovation, expertise and a powerful mindset on sustainable exploring for power has led it to realize world-class discoveries in Africa. They have made it a point to bring together a team with numerous talent sets and backgrounds to serve in Africa. The leadership understands that their work in Africa just isn’t solely about markets, but discovering critical options to 600 million with out entry to electrical energy and 900 million with out clear cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale venture developments such as GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, amongst different exploration blocks, in Equatorial Guinea; and the Jubilee area in Ghana, Kosmos Energy helps position the continent as a world energy hub, exploiting the sources that can assist make vitality poverty history 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 projects. Under the theme ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in various networking boards to debate the role of international independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable companions to spice up its oil and gasoline market for energy safety and GDP development.