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Kosmos Energy CEO To Discuss the Role of African Energy in Driving Global Energy Security at African Energy Week 2022

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CEO of worldwide exploration and manufacturing firm Kosmos Power Andy Inglis will attend and take part at African Power Week (AEW) (AECWeek.com) – Africa’s premier occasion for the oil and fuel sector – happening from 18 – 21 October 2022 in Cape City, South Africa. Representing considered one of Africa’s most lively worldwide oil and fuel independents, the participation of Inglis at Africa’s main funding platform for the oil and fuel sector is essential for driving dialogue across the position firms like Kosmos Power play in optimizing exploration and manufacturing throughout Africa’s wealthy basins.

Previous to his present position at Kosmos Power, Inglis held government roles at numerous vitality giants together with UK-based infrastructure developer Petrofac and Russia’s third-largest oil producer TNK-bp. Inglis led bp’s exploration and manufacturing actions throughout his 30-year-long profession with the main the place he executed the corporate’s development prospects in Azerbaijan, Angola, Algeria, the Gulf of Mexico, Egypt, Trinidad, and the Asia-Pacific area. At AEW 2022, Inglis’ experience and know-how round managing exploration and manufacturing actions for numerous corporations can be important for the dialogue on scaling up upstream actions in Africa.

Since taking on the CEO position at Kosmos Power in 2014, Inglis has led the American agency in a sequence of manufacturing optimization providers in Ghana and Equatorial Guinea and infrastructure-led exploration in confirmed basins in Equatorial Guinea. The success of Kosmos Power in Equatorial Guinea, below the management of Inglis, led to the agency and its companions securing an extension of the manufacturing sharing contract for Block G with the Minister of Mines and Hydrocarbons of Equatorial Guinea – a improvement that may herald new investments and speed up exploration and manufacturing throughout the central African nation. With each Equatorial Guinea and different African nations like Ghana, Senegal and Mauritania in search of to develop collaboration with worldwide independents, the deal is a major and constructive improvement throughout the continent’s upstream sector at a time when Africa’s capital expenditure throughout the complete oil and fuel worth chain continues to say no.

In the meantime, with Kosmos Power representing one of many co-developers of the monumental Larger Tortue Ahmeyim (GTA) undertaking, positioned on the maritime border of Senegal and Mauritania, Inglis can be instrumental in main discussions on African fuel. Fuel represents a very profitable vitality useful resource in Africa, holding the potential to alleviate vitality poverty and kickstart sustainable socioeconomic development whereas lowering greenhouse fuel emissions. Accordingly, AEW 2022 has positioned pure fuel as a central theme, selling the position the useful resource has and continues to play in making vitality poverty historical past whereas driving the transition to a clear vitality future. By coming to AEW 2022 in Cape City, Inglis is not going to solely take part in industry-advancing discussions on fuel however will present undertaking updates, emphasizing the position GTA fuel will play each in Africa and in Europe. 

What’s extra, at a time when African fuel is changing into more and more precious in international provide chains, largely because of European nations trying to divest from Russian fuel, initiatives such because the GTA can be key for addressing vitality safety internationally. With a variety of large-scale fuel developments anticipated to come back on-line within the subsequent few years – section one of many GTA expects first manufacturing in 2023, for instance – European markets are bettering commerce networks with Africa. Not too long ago, German Chancellor H.E. Olaf Scholz traveled to Senegal to debate doable pipeline developments that may hyperlink GTA with Germany. Whereas different nations flip to Africa, AEW 2022 represents the perfect platform for offers to be signed, commerce agreements established and Africa-global partnerships fashioned that may lead the world into a brand new period of vitality safety.

“We’re honored and proud to host Andy Inglis, Kosmos Power CEO, at AEW 2022 this yr in Cape City. Kosmos Power is enterprise important developments throughout the continent, notably within the subject of pure fuel. As initiatives such because the GTA come on-line and European nations search collaboration with African fuel producers, firms equivalent to Kosmos Power can be instrumental in positioning Africa as a globally aggressive fuel market. AEW 2022 would be the place to signal offers and make selections that won’t solely remodel Africa’s vitality panorama however international vitality networks,” states NJ Ayuk, Government Chairman of the African Power Chamber (AEC).

Beneath the theme ‘Exploring and Investing in Africa’s Power Future whereas Driving an Enabling Atmosphere’ Inglis will take part in numerous summits at AEW 2022, driving discussions on fuel, exploration and vitality safety.

Distributed by APO Group on behalf of African Power Week (AEW).

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About AEW 2022:
AEW 2022 is the AEC’s annual convention, exhibition and networking occasion. AEW 2022 unites African vitality stakeholders with traders and worldwide companions to drive {industry} development and improvement and promote Africa because the vacation spot for vitality investments. Key organizations such because the African Petroleum Producers Group, in addition to African heavyweights together with Equatorial Guinea and Nigeria, have partnered with AEW, strengthening the position the occasion will play in Africa’s vitality future.

This Press Launch has been issued by APO. The content material is just not monitored by the editorial crew of African Enterprise and never of the content material has been checked or validated by our editorial groups, proof readers or reality checkers. The issuer is solely answerable for the content material of this announcement.

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