JOHANNESBURG,
South Africa, July 16, 2020/ -- Trident Energy, the independent company
operating the
Ceiba and Okume fields in Equatorial Guinea since 2017,
has just made its official entry into Brazil’s offshore. The company has
acquired the Pampo & Enchova clusters from state-run Petrobras,
which include ten concessions producing over 22,000 bopd from the PPM-I,
PCE-1, P-8 and P-65 platforms.
With this acquisition, Trident
Energy confirms continued appetite from independent oil & gas
operators to grow their assets globally, especially in proven geological
regions around the pre-salt layer which extends from Africa to Brazil.
Such offshore regions, which include the hydrocarbons-rich provinces
found in Angola, Equatorial Guinea or São Tomé and Príncipe, have proven
to be very identical and a hotspot for global exploration. According to
recent industry estimates, the pre-salt Campos & Santos basins in
Brazil may contain as much as 100 billion barrels of recoverable oil.
ExxonMobil’s world-class discovery in Guyana belongs to the same
geological system.
“Trident Energy’s ability to get the deal done
during difficult moments speaks to its leadership’s and long-term view
of the energy industry. This acquisition by Trident Energy continues to
demonstrate the attractiveness of the geological system offshore Brazil
and Africa. Such interest by independents is very encouraging both for
new markets such as Suriname and Guyana in the Americas, but also for
exploration in new African provinces such as São Tomé and Príncipe,”
declared Nj Ayuk, Executive Chairman at the African Energy Chamber.
The
acquisition marks a major milestone in Trident Energy’s strategy to
acquire large mid-life assets globally. In 2017, the operator was
successful in taking over the Ceiba and Okume fields in Equatorial
Guinea.
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