Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and manufacturing company centered on meeting the world’s growing demand for energy, 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 gas sector which can take place from October 18-21, 2022 in Cape Town.
As one of the most lively worldwide 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 greatest event for the energy sector – might be key for any and all discussions around role the continent’s one hundred twenty five.three billion barrels of crude oil and 620 trillion cubic toes of gas reserves will play in offering entry to reasonably priced and dependable power to some 600 million people which would possibly be residing in power poverty throughout the area.
While oil and gas manufacturing has declined across the African continent as a result of various factors together with an absence of adequate investments in exploration and delays in project development because of the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions 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 past, Kosmos Energy – as one of Africa’s high explorers – will assist drive the developments.
Moreover, with Africa preparing for an increase in fuel manufacturing – to fulfill rising demand each regionally and globally, significantly as regions similar to Europe are in search of alternative gasoline provides to diversify away from Russia – Kosmos Energy has emerged as an ideal and reliable associate to optimize exploration, challenge growth, manufacturing, infrastructure rollout and useful resource monetization.
Developments such as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) projects offshore Senegal and Mauritania are a powerful testament of the company’s commitment to speed up the continent’s gasoline market expansion to alleviate rising vitality poverty while kickstarting sustainable socioeconomic development because the energy transition intensifies.
pressure gauge ยี่ห้อ tk ’s concentrate on using innovation, expertise and a robust mindset on sustainable exploring for energy has led it to realize world-class discoveries in Africa. They have made it a degree to bring collectively a team with numerous ability sets and backgrounds to serve in Africa. The leadership understands that their work in Africa is not solely about markets, but finding crucial options to 600 million without access to electricity and 900 million with out clear cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale project developments such as GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy helps position the continent as a world vitality hub, exploiting the sources that will assist make energy poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and conferences, providing an replace on present 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 numerous networking boards to discuss the function of worldwide independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable partners to spice up its oil and gasoline marketplace for vitality security and GDP development.
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