{"id":14970,"date":"2025-01-15T10:26:37","date_gmt":"2025-01-15T10:26:37","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14970"},"modified":"2025-05-05T10:45:55","modified_gmt":"2025-05-05T10:45:55","slug":"trident-energy-completes-republic-of-congo-acquisition","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/trident-energy-completes-republic-of-congo-acquisition\/","title":{"rendered":"Trident Energy completes Republic of Congo acquisition"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Trident&nbsp;Energy announced today that it has completed the acquisition of the entire issued share capital of Chevron Overseas (Congo) Limited, as well as an additional working interest in the Nkossa and Nsoko II fields from TotalEnergies, resulting in an 85% working interest in the Nkossa and Nsoko II fields, and a 15.75% working interest in the Lianzi field. Trident&nbsp;Energy will become the operator of those fields. In addition, Trident&nbsp;Energy has acquired a 21.5% working interest in the Moho\u2013Bilondo field, operated by TotalEnergies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition, which was announced in April 2024, is expected to add c.30,000 bopd. It is a significant deal for Trident&nbsp;Energy which has proven expertise in extending field life and unlocking production from mid-life assets as demonstrated by their takeovers in Brazil and Equatorial Guinea.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Jean-Michel Jacoulot, Chief Executive of Trident&nbsp;Energy ML said:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are extremely pleased to have completed the acquisition which marks a new chapter in our history. We are excited to enter the Republic of Congo, take over the operations and deliver the full potential of these assets. We look forward to working with TotalEnergies Congo, the SNPC and the Congolese Government to generate further value to the assets. We would like to take the opportunity to thank the Ministry of Hydrocarbons, and the Government for their support on this transaction\u201d.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Didier Mutti<\/strong>,&nbsp;General Manager, Trident Energy Congo<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIn 2025, we&nbsp;expanded our operations into&nbsp;the Republic of Congo,&nbsp;enhancing&nbsp;our presence in West Africa. There are vast opportunities here and we&nbsp;look forward to showcasing our expertise as mid-life operators and adding value.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trident&nbsp;Energy announced today that it has completed the acquisition of the entire issued share capital of Chevron Overseas (Congo) Limited, as well as an additional working interest in the Nkossa &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/trident-energy-completes-republic-of-congo-acquisition\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7447,7442,11],"tags":[504,11964,11963,10060,11962,2332,9339,8051],"class_list":["post-14970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-central-africa","category-countries","category-top-news","tag-congo","tag-lianzi-field","tag-moho-bilondo-field","tag-nkossa","tag-nsoko-ii","tag-snpc","tag-totalenergies","tag-trident-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/05\/Trident-Energy-1.jpg?fit=1200%2C630&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Ts","jetpack-related-posts":[{"id":13661,"url":"https:\/\/www.oilnewskenya.com\/index.php\/congo-aker-solutions-awarded-additional-moho-infill-wells-by-totalenergies\/","url_meta":{"origin":14970,"position":0},"title":"CONGO: Aker Solutions Awarded Additional Moho Infill Wells by TotalEnergies","author":"","date":"May 7, 2023","format":false,"excerpt":"Aker Solutions will deliver its standard and configurable deepwater subsea production systems (SPS), including subsea x-mas\u2019 trees (XMT), control systems, wellheads and related tie-ins and distribution systems for the Moho Nord field. The operations will commence directly, with final deliveries scheduled for the first quarter of 2025. The Moho field\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/moho_nord-subsea.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/moho_nord-subsea.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/moho_nord-subsea.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/moho_nord-subsea.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/moho_nord-subsea.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":10397,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-trident-energy-kicks-off-drilling-campaign\/","url_meta":{"origin":14970,"position":1},"title":"Equatorial Guinea: Trident Energy Kicks Off Drilling Campaign","author":"","date":"June 7, 2021","format":false,"excerpt":"Energy Capital & Power, on behalf Equatorial Guinea\u2019s Ministry of Mines and Hydrocarbons (MMH), has announced the start of drilling in the Elon Field in Trident Energy-operated Block G in the Rio Muni Basin. Under its 2021 Work and Budget Program that targets $1.1 billion in foreign direct investment into\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12232,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-awards-extension-of-offshore-block-g-psc\/","url_meta":{"origin":14970,"position":2},"title":"EQUATORIAL GUINEA: Trident Energy Awarded Extension of Offshore Block G PSC","author":"","date":"May 9, 2022","format":false,"excerpt":"The Block G Production Sharing Contract in Equatorial Guinea\u00a0has been successfully extended to 31 December 2040. Alongside our Joint Venture partners, Kosmos Energy, Panoro Energy, GE Petrol and the Ministry of Mines and Hydrocarbons, we have agreed a material time extension of the PSC covering both the Ceiba field and\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13592,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-confirms-ratification-of-block-eg-01-award-and-approval-of-block-s-farm-inequatorial-guinea\/","url_meta":{"origin":14970,"position":3},"title":"EQUATORIAL GUINEA: Panoro Energy Confirms Ratification of Block EG-01 Award and Approval of Block S Farm-in","author":"","date":"April 20, 2023","format":false,"excerpt":"Panoro Energy ASA confirms that the award of Block EG-01, announced by the Company on 20 February 2023, has been ratified by the Government of Equatorial Guinea.\u00a0 Panoro has been awarded a 56 percent operated interest in Block EG-01 alongside partners Kosmos Energy (24 percent) and GEPetrol (20 percent). Separately,\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14280,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-secures-rig-to-recommence-drilling-offshore-block-g\/","url_meta":{"origin":14970,"position":4},"title":"EQUATORIAL GUINEA: Panoro Energy Secures Rig to Recommence Drilling Offshore Block G","author":"","date":"April 24, 2024","format":false,"excerpt":"Panoro Energy has announced that following an evaluation of available options the operator of Block G offshore Equatorial Guinea, Trident Energy, has on behalf of the joint venture awarded a contract for the Noble Venturer drill ship to recommence infill drilling at the Ceiba Field and Okume Complex. The Noble\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":14401,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-to-recommence-drilling-program-with-the-arrival-of-noble-venturer-drill-ship\/","url_meta":{"origin":14970,"position":5},"title":"EQUATORIAL GUINEA: Panoro Energy to Recommence Drilling Program With the Arrival of Noble Venturer Drill Ship","author":"","date":"July 9, 2024","format":false,"excerpt":"Panoro Energy says it has taken note the announcement by Trident Energy, the operator of Block G offshore Equatorial Guinea, confirming the arrival of the Noble Venturer drill ship at Luba port, Bioko Island. The drilling campaign,\u00a0which is expected to recommence shortly, will comprise of two infill wells located in\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14970"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14970\/revisions"}],"predecessor-version":[{"id":14973,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14970\/revisions\/14973"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14972"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}