Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and production company targeted on assembly the world’s growing demand for energy, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) convention 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 เกจวัดแรงดัน10bar of the lively worldwide independents driving exploration in Africa and quick tracking the event of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s largest occasion for the energy sector – shall be key for any and all discussions around role 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 dependable energy to some 600 million folks which might be residing in energy poverty across the region.
While oil and gas manufacturing has declined across the African continent as a outcome of various components together with an absence of enough investments in exploration and delays in challenge development as a result of COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions and investments in both frontier and rising markets.
Exploration campaigns
A series 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 one of Africa’s high explorers – will help drive the developments.
Moreover, with Africa making ready for an increase in gasoline manufacturing – to satisfy rising demand both regionally and globally, significantly as areas corresponding to Europe are seeking various gasoline supplies to diversify away from Russia – Kosmos Energy has emerged as a super and reliable associate to optimize exploration, challenge growth, manufacturing, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) initiatives offshore Senegal and Mauritania are a robust testament of the company’s dedication to accelerate the continent’s gas market enlargement to alleviate rising vitality poverty while kickstarting sustainable socioeconomic growth as the energy transition intensifies.
“Kosmos Energy’s give attention to using innovation, know-how and a robust mindset on sustainable exploring for vitality has led it to realize world-class discoveries in Africa. They have made it a point to deliver collectively a team with various talent units and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t only about markets, but discovering crucial solutions to 600 million without entry to electrical energy and 900 million without clean cooking applied sciences,” 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 in the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy is helping place the continent as a worldwide vitality hub, exploiting the assets that will help make vitality poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and conferences, offering an update on current and future exploration and manufacturing projects. 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 forums to discuss the position of international independents in maximizing upstream, midstream and downstream activities as Africa seeks dependable companions to boost its oil and gasoline market for vitality security and GDP progress.