Chevron Corporation (Chevron) has sold to Trident Energy the entire issued share capital of its subsidiary, Chevron Overseas (Congo) Limited, which holds a 31.5% non-operated working interest in the Moho-Bilondo, Nkossa and Nsoko II fields and a 15.75% operated interest in the Lianzi field, in the Republic of Congo. The transaction represents a country exit from the Republic of Congo for Chevron.

The transaction was signed in April 2024 and closed on 14 January 2025.

The Hogan Lovells team that represented Chevron was led by M&A partner Sarah Shaw with support from partners Ben Sulaiman, Hannah Logan and Karen Hughes,  senior associates Catherine Lah and Tom Edwards and associates Nancy Ricardo, Bodunde Ajenifuja and James Hotchkiss.