Reading deepwater exploration and manufacturing company targeted 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 gasoline sector which can take place from October 18-21, 2022 in Cape Town.
As some of the active worldwide 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 largest occasion for the energy sector – might be key for any and all discussions around role the continent’s 125.3 billion barrels of crude oil and 620 trillion cubic toes of gas reserves will play in providing access to reasonably priced and reliable power to some 600 million individuals which are residing in vitality poverty across the area.
While oil and fuel production has declined throughout the African continent as a result of numerous components including an absence of adequate investments in exploration and delays in project development due to 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 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 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 satisfy rising demand each regionally and globally, notably as areas corresponding to Europe are in search of various gasoline supplies to diversify away from Russia – Kosmos Energy has emerged as a perfect and dependable associate to optimize exploration, challenge development, 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 robust testomony of the company’s commitment to speed up the continent’s fuel market growth to alleviate growing vitality poverty whilst kickstarting sustainable socioeconomic progress because the vitality transition intensifies.
“Kosmos Energy’s give attention to using innovation, know-how and a powerful mindset on sustainable exploring for energy has led it to achieve world-class discoveries in Africa. They have made it some extent to bring together a team with various skill sets and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t only about markets, however finding crucial solutions to 600 million without entry to electrical energy and 900 million with out clean cooking applied sciences,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale challenge developments corresponding to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, among different exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy helps place the continent as a worldwide power hub, exploiting the assets that will help make vitality poverty history by 2030.”
As เกจวัดแรงดัน4นิ้วราคา , Kosmos Energy will participate in high-level panel discussions and conferences, providing an update on present 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 numerous networking forums to debate the function of international independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable partners to boost its oil and gasoline market for vitality security and GDP growth.
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