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Reading deepwater exploration and production firm focused on meeting the world’s growing demand for vitality, Kosmos Energy has confirmed its silver sponsorship at the upcoming African Energy Week (AEW) conference and exhibition, Africa’s premier occasion for the oil and fuel sector which can take place from October 18-21, 2022 in Cape Town.
As some of the energetic worldwide independents driving exploration in Africa and fast monitoring the event of discovered 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 function the continent’s 125.three billion barrels of crude oil and 620 trillion cubic toes of fuel reserves will play in offering entry to affordable and reliable power to some 600 million individuals which are residing in power poverty across the area.
While oil and gas production has declined across the African continent as a end result of numerous components including a lack of enough investments in exploration and delays in venture development as a end result of COVID-19 pandemic, Kosmos Energy has emerged as a key participant, boosting upstream activities and investments in each frontier and rising 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 beyond, Kosmos Energy – as considered one of Africa’s prime explorers – will assist drive the developments.
Moreover, with Africa getting ready for an increase in gas manufacturing – to meet rising demand both regionally and globally, notably as regions similar to Europe are in search of different fuel provides to diversify away from Russia – Kosmos Energy has emerged as a super and dependable companion to optimize exploration, challenge improvement, production, infrastructure rollout and useful resource monetization.
เกจวัดแรงดันไฮดรอลิค as the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a strong testomony of the company’s dedication to speed up the continent’s fuel market expansion to alleviate growing power poverty whilst kickstarting sustainable socioeconomic growth because the vitality transition intensifies.
“Kosmos Energy’s focus on using innovation, expertise and a strong mindset on sustainable exploring for power has led it to achieve world-class discoveries in Africa. They have made it a point to convey collectively a staff with diverse ability units and backgrounds to serve in Africa. The leadership understands that their work in Africa isn’t solely about markets, however discovering crucial solutions to 600 million with out access to electricity and 900 million with out clean cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), including that, “By driving large-scale challenge developments such as GTA and Yakaar-Teranga within the MSGBC basin; the Ceiba and Okume fields, amongst different exploration blocks, in Equatorial Guinea; and the Jubilee subject in Ghana, Kosmos Energy is helping position the continent as a global energy hub, exploiting the sources that may assist make vitality poverty history by 2030.”
As a silver sponsor, Kosmos Energy will take part in high-level panel discussions and conferences, providing an replace 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 numerous networking boards to discuss the function of international independents in maximizing upstream, midstream and downstream activities as Africa seeks reliable partners to boost its oil and gas market for energy security and GDP progress.