Jean-Michel Jacoulot will participate in a suite of panel discussions centered around optimizing and enhancing assets to unlock value in Africa.
Committed to enhancing value in mid-life oil and gas assets, international oil and gas company Trident Energy is rejuvenating mid-life assets. With several high-profile assets in Equatorial Guinea, the company integrates innovative technology with a forward-looking investment approach to re-energise oil and gas assets and ensure they can meet growing global energy demands as safely and sustainably as possible.
We believe that oil and gas will continue to play an essential role in the global energy mix in the longer-term and Africa is uniquely positioned to reap the benefits of these opportunities. Trident Energy is looking forward to continuing to grow and invest in Africa to unlock growth and prosperity for the continent. During this year’s edition of the African Energy Week (AEW) conference – scheduled for October 16-20 in Cape Town -, the African Energy Chamber (AEC) is proud to announce that Trident Energy ML CEO, Jean-Michel Jacoulot will participate in a panel discussion on how to identify and unlock value in maximizing revenue in Africa’s mature fields, followed by a panel on investing in Equatorial Guinea. Trident Energy additionally represents a bronze sponsor of the highly anticipated event.
With over 25 years’ experience in Senior Management roles in the oil and gas industry, Jacoulot brings a level of expertise to AEW 2023 discussions and represents an instrumental player in Africa’s oil and gas sector. As one of the industry’s most experienced teams in operating and redeveloping mid-life oil and gas assets and a proven track record in creating value, Jacoulot leads Trident Energy towards realizing its goals of maximizing oil and gas resources while prioritizing Environmental, Social and Governance (ESG).
Trident Energy implements several community programs to deliver economic and social benefits to communities. In Equatorial Guinea, the company invests $1.1 million per year to support projects across the health, education and infrastructure sectors; regular contributions towards the National Institute for Technology; and programs to advance capacity building through job creation, skills transfer and partnerships.
The company has a global portfolio of high-quality assets in Africa and Latin America and continues to explore for strategic acquisitions. At the forefront of Trident Energy’s development agenda is Equatorial Guinea’s offshore resources. Trident Energy operates a Floating Production, Storage and Offloading vessel and is conducting exploration activities in the proven but largely unexplored Rio Muni basin, in addition to owning and managing several platforms. In Equatorial Guinea, Trident Energy has stakes in 11 producing assets, including Block G (Ceiba and Okume) and Block S, W and EG-21. The company’s assets produce approximately circa 50,000 barrels of oil per day, contributing towards national output and economic growth worldwide. Recently, Trident Energy extended the operating licenses for the Okume complex and Ceiba field to 2040, while implementing upgrades at the Okume debottlenecking the facilities with the installation of additional centralized power generation, water treatment and injection facilities.
Trident Energy will soon be embarking on an extensive deep-water drilling program in Equatorial Guinea which represents a significant capital investment. The program will demonstrate Trident Energy’s technical capabilities and deep sector, from subsurface engineering, well planning, and execution, and subsea tie-backs in deep water. It also highlights the company’s commitment to investing in Africa, unlocking value for the benefit of all stakeholders, and creating local employment to ensure the long-term sustainability of operations.
“Africa needs companies like Trident Energy who are eager and committed to developing mid-life assets in promising basins. The E&P company has made sure on its promise to collaboratively develop oil and gas resources in both a sustainable and mutually beneficial manner. Ongoing efforts to develop, re-develop and invest in exploration and local content are a testament to the role companies like Trident Energy will continue to play in Africa’s energy future,” states NJ Ayuk, Executive Chairman of the AEC.
Jacoulot joins a strong slate of government representatives and regulators, global investors and technology providers, as well as national and international energy companies in Cape Town for four days of networking and dialogue. As CEO of Trident Energy ML, Jacoulot’s participation in panels will advance the discussion on sustainable oil and gas development in Africa.
AEW is the AEC’s annual energy event uniting African governments and policymakers with global investors and project developers. Taking place under a mandate of making energy poverty history by 2030, the event serves as the biggest gathering of energy stakeholders on the continent. For more information about attendance, sponsorship or partnership opportunities, visit www.aecweek.com.