NEWS
Brazil - April 19, 2024
Petrobras sells its stake in the Cherne and Bagre offshore oilfields to Perenco for $10 million.
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Perenco
Perenco In Figures
Gross oil production (2024): 510,000 boepd
Yearly LNG production (2024): 1.4 million tonnes
Yearly LPG production (2024): 45,000 tonnes
Perenco is one of the main oil and gas producers in Gabon and has major operations across the world. In operation since 1992, the company is now producing across 14 markets, predominantly in mature and marginal fields. It has three onshore oil terminals and eight FSO/FPSOs. As of 2024, Perenco produces 510,000 boepd, 1.4 million tonnes per year of LNG and 45,000 tonnes per year of LPG across its operations.
In Gabon, Perenco’s highest-producing market, the company produces 120,000 boepd of oil and gas. The company’s work in the country is further set to greatly expand, with a new USD 1-billion LNG facility greenlit in 2023. The facility will have the capacity to produce 20,000 tonnes of LPG per year and 700,000 tonnes of LNG per year.
Sustainability is at the core of Perenco’s decisions. Consequently, the company is transitioning away from oil towards gas, in accordance with the energy transition strategies of the countries in which it operates. In 2024, 75% of its production is oil and 25% is gas. Perenco will continue to locally invest in gas production and the development of gas markets.
Perenco News and Interviews
NEWS
UAE - September 09, 2024
Abu Dhabi's ADNOC has signed a 15-year LNG deal for the supply of 1 million tonnes per year to Indian Oil.
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NEWS
Multinational - September 05, 2024
Equinor has cancelled offshore wind projects in Spain and Portugal and exited Vietnam's offshore wind market.
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NEWS
Trinidad and Tobago - September 04, 2024
BP has divested four offshore gasfields in Trinidad and Tobago to French independent Perenco.
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NEWS
Democratic Republic of the Congo - May 22, 2024
Perenco has made the first offshore discovery in the Democratic Republic of the Congo in almost 30 years.
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NEWS
Gabon - October 16, 2023
Perenco has begun oil production at the offshore Hylia South West play in Gabon, the Anglo-French E&P player announced on Friday.
The company’s subsidiary Perenco…
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UK - September 18, 2023
The UK has awarded 21 concessions to 14 companies in its first-ever CCS licensing round, the North Sea Transition Authority announced on Friday.
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Mexico - September 11, 2023
Perenco has completed an onshore drilling campaign to up oil production at the Santuario and El Golpe permit in Tabasco, Mexico, the UK-headquartered E&P company…
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Republic of Congo - June 28, 2023
Eni has sold several permits in the Republic of Congo to European independent Perenco for USD 300 million, the Italian energy giant announced on Tuesday.
Specific…
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UK - May 22, 2023
Twelve companies have been awarded 20 concessions in Britain’s first-ever carbon storage licensing round, the North Sea Transition Authority announced on…
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Interview
Trinidad and Tobago - April 06, 2023
Amelia Miguel, general manager of Miguel Mechanical Services, and Allister Paul, the company’s operations and maintenance manager, talk to The Energy Year about the…
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NEWS
Gabon - February 17, 2023
Perenco has taken its FID on developing a USD 1-billion LNG facility in Gabon, the French energy independent announced on Thursday.
The LNG facility will be located…
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Articles
Mexico - November 22, 2022
Mexico has seen decreases in its oil production in the past two decades, but now the country is looking to reverse this trend by reinvesting in Pemex. Meanwhile,…
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