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Reading deepwater exploration and production firm focused on meeting the world’s growing demand for power, Kosmos Energy has confirmed its silver sponsorship on the upcoming African Energy Week (AEW) conference and exhibition, Africa’s premier event for the oil and fuel sector which can happen from October 18-21, 2022 in Cape Town.
As one of the active international independents driving exploration in Africa and quick monitoring the development of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s biggest occasion for the energy sector – shall be key for any and all discussions around role the continent’s 125.three billion barrels of crude oil and 620 trillion cubic toes of gasoline reserves will play in providing access to reasonably priced and reliable energy to some 600 million people which are dwelling in power poverty throughout the area.
While oil and gas production has declined across the African continent due to varied elements including a lack of enough investments in exploration and delays in venture improvement due to the 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 beyond, Kosmos Energy – as considered one of Africa’s prime explorers – will assist drive the developments.
Moreover, with Africa making ready for an increase in gas production – to fulfill rising demand both regionally and globally, significantly as regions corresponding to Europe are seeking various fuel supplies to diversify away from Russia – Kosmos Energy has emerged as an ideal and dependable companion to optimize exploration, project growth, production, infrastructure rollout and resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a strong testament of the company’s dedication to accelerate the continent’s fuel market growth to alleviate growing energy poverty whilst kickstarting sustainable socioeconomic development because the power transition intensifies.
“ เกจวัดแรงดันลมราคา ’s give consideration to utilizing innovation, technology and a robust mindset on sustainable exploring for vitality has led it to achieve world-class discoveries in Africa. pressure gauge ดิจิตอล have made it a point to convey collectively a team with various ability units and backgrounds to serve in Africa. The leadership understands that their work in Africa is not only about markets, however discovering critical solutions to 600 million without entry to electrical energy and 900 million without clear cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale project developments corresponding to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, amongst different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy helps position the continent as a worldwide vitality hub, exploiting the resources that can assist make vitality poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and conferences, providing an update on current and future exploration and production initiatives. Under the theme ‘Exploring and Investing in Africa’s Energy Future whereas Driving an Enabling Environment,’ AEW 2022 will host Kosmos Energy in various networking boards to discuss the position of international independents in maximizing upstream, midstream and downstream actions as Africa seeks reliable companions to boost its oil and fuel market for power safety and GDP development.
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