Reading deepwater exploration and production firm centered on meeting the world’s growing demand for power, Kosmos Energy has confirmed its silver sponsorship at 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 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 biggest event for the power sector – shall be key for any and all discussions round function the continent’s a hundred twenty five.3 billion barrels of crude oil and 620 trillion cubic toes of gas reserves will play in offering access to affordable and dependable vitality to some 600 million people which would possibly be dwelling in power poverty throughout the region.
While oil and gas manufacturing has declined across the African continent as a result of numerous elements including a scarcity of adequate investments in exploration and delays in venture growth due to the COVID-19 pandemic, Kosmos Energy has emerged as a key player, boosting upstream actions and investments in both frontier and emerging 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 Africa set to witness an uptick in licensing rounds and exploration spending in 2022 and beyond, Kosmos Energy – as one of Africa’s prime explorers – will assist drive the developments.
Moreover, with เพรสเชอร์เกจ getting ready for a rise in fuel production – to meet rising demand each regionally and globally, particularly as regions similar to Europe are looking for alternative gasoline supplies to diversify away from Russia – Kosmos Energy has emerged as a super and reliable associate to optimize exploration, challenge improvement, manufacturing, infrastructure rollout and resource monetization.
Developments such because the Yakaar-Teranga and Greater Tortue Ahmeyim (GTA) tasks offshore Senegal and Mauritania are a strong testomony of the company’s commitment to accelerate the continent’s gasoline market growth to alleviate growing power poverty whilst kickstarting sustainable socioeconomic development as the vitality transition intensifies.
“Kosmos Energy’s give consideration to utilizing innovation, know-how and a strong mindset on sustainable exploring for energy has led it to realize world-class discoveries in Africa. They have made it a point to convey together a staff with numerous ability units and backgrounds to serve in Africa. The management understands that their work in Africa is not solely about markets, but discovering crucial solutions to 600 million without access to electrical energy and 900 million with out clear cooking technologies,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), adding that, “By driving large-scale project developments such as GTA and Yakaar-Teranga in the MSGBC basin; the Ceiba and Okume fields, amongst other exploration blocks, in Equatorial Guinea; and the Jubilee field in Ghana, Kosmos Energy is helping position the continent as a worldwide energy hub, exploiting the sources that will assist 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 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 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 safety and GDP growth.