Reading deepwater exploration and production company focused on assembly the world’s rising demand for energy, 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 gas sector which will take place from October 18-21, 2022 in Cape Town.
As ไดอะแฟรม ซีล of the active international independents driving exploration in Africa and quick tracking the development of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s greatest occasion for the power sector – will 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 providing entry to reasonably priced and reliable vitality to some 600 million people that are dwelling in power poverty across the area.
While oil and gasoline manufacturing has declined across the African continent due to numerous components including a lack of enough investments in exploration and delays in project improvement because of the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream activities and investments in each 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 diaphragm seal 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 making ready for an increase in gasoline production – to satisfy rising demand both regionally and globally, particularly as regions similar to Europe are seeking alternative gas provides to diversify away from Russia – Kosmos Energy has emerged as an ideal and reliable associate to optimize exploration, project growth, 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 powerful testament of the company’s dedication to accelerate the continent’s gas market enlargement to alleviate growing vitality poverty whilst kickstarting sustainable socioeconomic development because the energy transition intensifies.
“Kosmos Energy’s give attention to using innovation, expertise and a powerful mindset on sustainable exploring for power has led it to realize world-class discoveries in Africa. They have made it a degree to convey collectively a staff with various talent units and backgrounds to serve in Africa. The leadership understands that their work in Africa is not only about markets, however discovering important options to 600 million without access to electricity 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 challenge developments corresponding to GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, among other exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy is helping place the continent as a global vitality hub, exploiting the sources that will assist make energy poverty historical past by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and conferences, offering an replace on current and future exploration and production 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 role of worldwide independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable partners to spice up its oil and gasoline marketplace for vitality security and GDP development.
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