What is the Perenco group?
What is the Perenco group?
Perenco is Europe’s first independent oil and gas company, with a worldwide portfolio of assets resulting from a unique know-how in the operation of mature fields and from an ambitious acquisition strategy.
How many wells does Perenco operate?
Home About us Overview Thanks to 6,000 collaborators distributed over 14 subsidiaries, Perenco operates more than 3,000 wells for a gross production of 450,000 boepd in 2020. The company successfully carried out ambitious projects, such as the FLNG in Cameroon, La Noumbi FPSO in Congo and the production of EOV in Gabon.
Why invest in Perenco?
Since 2000, the company has invested heavily in new wells and has demonstrated on a daily basis the know-how and ingenuity of its teams in a very isolated context. Perenco operates 11 fields onshore and offshore in the DRC with an average production of 25,000 boepd.
When did Perenco become an oil and gas company?
In 1982, the Group acquired the French drilling company Cosifor. In 1985, Perenco began its expansion into the upstream business, acquiring several proven onshore oil and gas fields in the United States, applying secondary-recovery techniques to enhance production. In 1992, it changed its profile to the oil exploration and production.
How much oil does Perenco produce in Turkey?
In January 1996, Perenco took over oil fields in the vicinity of Diyarbakir, South East Turkey. With daily production at 10,000 bbl/d (1,600 m 3/d) (net share), Perenco is the largest foreign oil producer in the country today.
What has Perenco been up to in Brazil?
Following exploration activities between 2009 and 2015 across offshore blocks in the Espirito Santo basin, Perenco returned to Brazil in October 2019, acquiring production concessions in the Campos basin. Since then, Perenco has been operating the Pargo, Carapeba and Vermelho concessions with 100% stakes.
