Latest news with #TridentEnergy
Zawya
6 days ago
- Business
- Zawya
Trident Energy Steps Up Regional Activity with Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025
Jean-Michel Jacoulot, CEO of Trident Energy, has been confirmed to speak at African Energy Week (AEW) 2025: Invest in African Energies, taking place in Cape Town from September 29-October 3. Amid a period of dynamic expansion and production growth, Trident Energy continues to strengthen its position as a leading independent operator in Africa, with recent milestones in the Republic of Congo and Equatorial Guinea. The company recently reinforced its position as a leading independent player with major upstream acquisitions in the Republic of Congo. In 2024, Trident acquired a 31.5% non-operating stake in the Moho-Bilondo, Nkossa and Nsoko II fields from Chevron, alongside a 15.75% operating interest in the Lianzi field. This was followed by the acquisition of an additional 53.5% working interest in the Nkossa and Nsoko II fields from TotalEnergies, bringing Trident's total stake to 85% and securing operatorship. These developments mark a turning point for Congo's offshore sector. With operatorship now in hand, Trident has committed to ramping up production, optimizing existing infrastructure and driving reinvestment into these critical assets. The company is also advancing the Nkossa Gas Project – a major initiative centered on substantial gas potential to be monetized via FLNG – while actively assessing additional opportunities and partnerships that support its long-term growth strategy in the country. 'Trident Energy is making bold moves that show what is possible when experienced leadership and technical expertise meet Africa's energy potential,' said NJ Ayuk, Executive Chairman of the African Energy Chamber. 'Their expansion in Congo is exactly the kind of strategic investment African markets need, and we look forward to hearing Jean-Michel Jacoulot's vision at AEW 2025.' In Equatorial Guinea, Trident continues to deliver on its commitment to enhance long-term production. In late 2024, the company brought online the C-45 infill well at the Ceiba Field and Okume Complex – a milestone in its multi-phase development plan for offshore Block G. The next phase involves drilling the Akeng Deep ILX well in Block S, which is currently underway, with further discoveries targeted over the next three years. Trident is also making significant investments to reduce gas flaring in the country and is exploring additional prospects, including potential opportunities extending from Angola along the West African coast. AEW 2025 will serve as the premier platform for African and international stakeholders to connect, forge new deals and accelerate the continent's energy future. As Trident Energy expands its footprint across West and Central Africa, Jacoulot's participation will shed light on how upstream independents are driving value, resilience and growth in African oil and gas markets. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
18-02-2025
- Business
- Zawya
Congo Energy & Investment Forum (CEIF) 2025 to Feature Top Legal, Commercial Workforce Experts
Working in close collaboration with oil and gas companies operating in the Republic of Congo's hydrocarbons industry, pan-African legal and business advisory group CLG served as a key provider of commercial services for the acquisition of a number of operating fields by Trident Energy in January 2025. As part of the acquisition, Trident Energy acquired a 15.75% interest in the Lianzi Field, an 85% interest in the Nkosa and Nsoko 2 fields and a 21.5% interest in the Moho-Bilondo field from energy supermajors Chevron and TotalEnergies. Having recently opened an office in Pointe-Noire, CLG is well-equipped to offer direct support for energy professionals operating in the country. As such, CLG will participate as the official Legal Partner to this year's inaugural Congo Energy&Investment Forum (CEIF) 2025, which takes place in Brazzaville from March 24-26. CEIF 2025 will feature the participation of CLG Congo Managing Director Yves Ollivier and Director of Tax and Legal Daodou Mohammad as speakers. The inaugural Congo Energy&Investment Forum, set for March 24-26, 2025, in Brazzaville, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société nationales des pétroles du Congo, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country. Congo's upcoming Gas Master Plan is expected to be a major focus at CEIF 2025, providing a robust framework for gas exploration, production and commercialization. This regulatory reform is set to boost investor confidence and unlock the country's full natural gas potential. As such, CLG Congo is expected to lead discussions on the country's transforming regulatory structure while offering expertise on new commercial opportunities in the sector. Meanwhile, with over 28 years' experience in Africa's energy and workforce development space, pan-African career management firm iCUBEFARM CEO Yolanda Asumu will also participate as a speaker at CEIF 2025. Under Asumu's leadership, iCUBEFARM has become one of Africa's most transformative professional networks, bridging talent with opportunity and driving economic growth. With a reach that spans over 10,000 professionals across Central Africa, the company is a strategic partner for businesses, delivering workforce development solutions to startups, small- and medium-sized enterprises and major companies alike. In line with its economic goals, the Congolese government has established policies to ensure that Congo's energy sector benefits local businesses and workers. The Minister of Hydrocarbons Bruno Jean-Richard Itoua recently launched a registration campaign for subcontracting and service companies in the oil and gas industry. The initiative is designed to enhance transparency and improve the integration of local companies into the industry. As such, Asumu's participation at CEIF 2025 is expected to support Congo's strategy to encourage partnerships between foreign oil companies and local enterprises, with a focus on capacity building and knowledge sharing. Her participation as a speaker showcases the company's dedication to supporting Congo's approach to maximize domestic benefits from its vast energy resources, with a focus on job creation, technology transfer and building local expertise. 'The combined expertise of these speakers in legal, commercial and workforce development in Congo's energy sector will be instrumental in driving discussions on the country's energy future. Their insights at CEIF 2025 will foster important dialogue on how to align local and international efforts, build capacity and maximize the benefits of Congo's vast energy resources, ensuring sustainable growth and economic development for the country,' stated Energy Capital&Power Events&Project Director Sandra Jeque. Distributed by APO Group on behalf of Energy Capital&Power.
