Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and production company targeted on meeting the world’s rising demand for power, 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 will take place from October 18-21, 2022 in Cape Town.
As one of the active worldwide 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 greatest event for the energy sector – might be key for any and all discussions round position the continent’s one hundred twenty five.three billion barrels of crude oil and 620 trillion cubic ft of fuel reserves will play in offering access to reasonably priced and dependable energy to some 600 million individuals that are living in power poverty across the region.
While oil and gasoline production has declined across the African continent as a outcome of numerous factors including an absence of adequate investments in exploration and delays in venture growth due to 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 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 certainly one of Africa’s high explorers – will help drive the developments.
Moreover, with Africa getting ready for a rise in fuel production – to fulfill rising demand each regionally and globally, significantly as regions corresponding to Europe are looking for alternative gas supplies to diversify away from Russia – Kosmos Energy has emerged as a super and reliable companion to optimize exploration, venture development, production, infrastructure rollout and useful resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a strong testomony of the company’s dedication to accelerate the continent’s gasoline market enlargement to alleviate growing vitality poverty whilst kickstarting sustainable socioeconomic development because the energy transition intensifies.
“Kosmos Energy’s give attention to utilizing innovation, technology and a strong mindset on sustainable exploring for energy has led it to achieve world-class discoveries in Africa. They have made it a point to bring together a group with various talent units and backgrounds to serve in Africa. เครื่องมือใช้วัดความดัน understands that their work in Africa isn’t only about markets, but finding critical solutions to 600 million without entry to electrical energy and 900 million with out clean cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale venture 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 area in Ghana, Kosmos Energy is helping place the continent as a world energy hub, exploiting the sources that will help make vitality poverty history by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, providing an update on current and future exploration and manufacturing initiatives. 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 position of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable companions to spice up its oil and fuel market for power safety and GDP development.
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