Reading deepwater exploration and production firm centered on meeting the world’s growing demand for vitality, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) convention and exhibition, Africa’s premier event for the oil and gasoline sector which is able to take place from October 18-21, 2022 in Cape Town.
As one of the most active international independents driving exploration in Africa and fast tracking the development of discovered hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s biggest event for the vitality sector – shall be key for any and all discussions round position the continent’s 125.3 billion barrels of crude oil and 620 trillion cubic feet of gasoline reserves will play in offering access to inexpensive and reliable vitality to some 600 million folks which might be living in vitality poverty throughout the area.
While oil and gas production has declined across the African continent as a outcome of various elements together with a lack of enough investments in exploration and delays in venture improvement as a result of COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream activities and investments in both frontier and rising 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 high explorers – will help drive the developments.
Moreover, with Africa getting ready for a rise in fuel manufacturing – to satisfy rising demand each regionally and globally, particularly as areas similar to Europe are in search of various gas supplies to diversify away from Russia – Kosmos Energy has emerged as an ideal and reliable associate to optimize exploration, venture development, production, infrastructure rollout and useful 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 growth to alleviate growing vitality poverty whilst kickstarting sustainable socioeconomic development as the vitality transition intensifies.
“Kosmos Energy’s focus on using innovation, know-how and a robust mindset on sustainable exploring for vitality has led it to attain world-class discoveries in Africa. They have made it a point to convey collectively a staff with various skill units and backgrounds to serve in Africa. The management understands that their work in Africa isn’t solely about markets, however discovering important solutions to 600 million with out access to electrical energy and 900 million without clear cooking applied sciences,” 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 within the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee area in Ghana, Kosmos Energy is helping position the continent as a world energy hub, exploiting the sources that may assist make power poverty historical past by 2030.”
As เกจ์วัดแรงดันลม , 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 while Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in varied networking boards to debate the function of international independents in maximizing upstream, midstream and downstream activities as Africa seeks dependable companions to spice up its oil and gas marketplace for energy security and GDP progress.
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