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

Perenco starts oil production in Gabon
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 hands out 20 carbon storage licences
NEWS
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 Thursday.

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Nuvoil a story of strategic alliances José EDEL ÁLVAREZ DELONG
Interview
Mexico - May 26, 2022

José Edel Álvarez Delong, CEO of Nuvoil, talks to The Energy Year about the latest developments on the Perdiz and Papan gas processing plants, the importance of…

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Mexico’s strong bet on exploration Mudlogging Luis H. FERRÁN
Interview
Mexico - May 09, 2022

Luis H. Ferrán, managing director of The Mudlogging Company, talks to The Energy Year about the company’s plan to enter the US market, the importance of technology…

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