As part of the acquisition, Trident Energy will receive the entire issued share capital of Chevron’s Congolese subsidiary Chevron Overseas (Congo) Ltd., as well as additional working interests in the Nkossa and Nsoko II fields and a 15.75% operated interest in the Lianzi field.

Trident Energy also acquired a 21.5% working interest in TotalEnergies’ Moho-Bilondo field.

“We look forward to working with TotalEnergies Congo, the SNPC [Société nationale des pétroles du Congo] and the Congolese government to generate further value to these assets,” stated Trident Energy CEO Jean-Michel Jacoulot ML.

The company’s acquisition of these assets is set to add approximately 30,000 barrels of oil per day to the Republic of Congo’s production capacity.