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Kosmos Energy confirms African Energy Week 2022 participation as silver sponsor

Reading deepwater exploration and manufacturing firm targeted on assembly the world’s rising 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 will happen from October 18-21, 2022 in Cape Town.
As one of the lively international independents driving exploration in Africa and fast monitoring the event of found hydrocarbons basins, the participation of Kosmos Energy as a silver sponsor at AEW 2022 – Africa’s biggest occasion for the power sector – will be key for any and all discussions round role the continent’s a hundred twenty five.three billion barrels of crude oil and 620 trillion cubic feet of gasoline reserves will play in providing access to inexpensive and dependable energy to some 600 million folks that are living in vitality poverty throughout the area.
While oil and fuel production has declined across the African continent as a end result of various elements including a scarcity of enough investments in exploration and delays in project development due to the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream activities and investments in both 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 past, Kosmos Energy – as certainly one of Africa’s high explorers – will help drive the developments.
Moreover, with Africa getting ready for an increase in gas manufacturing – to fulfill rising demand each regionally and globally, notably as areas corresponding to Europe are in search of alternative fuel supplies to diversify away from Russia – Kosmos Energy has emerged as a perfect and dependable partner to optimize exploration, venture growth, manufacturing, infrastructure rollout and useful resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a powerful testomony of the company’s dedication to speed up the continent’s fuel market growth to alleviate rising power poverty whilst kickstarting sustainable socioeconomic development as the energy transition intensifies.
“Kosmos Energy’s give consideration to utilizing innovation, technology and a robust mindset on sustainable exploring for energy has led it to attain world-class discoveries in Africa. เพรสเชอร์เกจ have made it some extent to bring together a staff with numerous skill units and backgrounds to serve in Africa. The leadership understands that their work in Africa just isn’t solely about markets, but finding crucial solutions to 600 million without access 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 venture 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 area in Ghana, Kosmos Energy is helping position the continent as a worldwide energy hub, exploiting the assets that will assist make vitality poverty history by 2030.”

As a silver sponsor, Kosmos Energy will participate in high-level panel discussions and meetings, providing an replace on present 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 various networking forums to discuss the position of international independents in maximizing upstream, midstream and downstream actions as Africa seeks dependable partners to spice up its oil and fuel marketplace for vitality security and GDP growth.
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