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 picks up Tunisia assets
NEWS
Tunisia - August 03, 2017

OMV sold its 50% stakes in the Ashtart oilfield offshore Tunisia and in operator SEREPT to Anglo-French independent Perenco, the Austrian energy giant said on…

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Interview
Trinidad and Tobago - April 10, 2017

TOGY talks to Adrian Achan, general manager of AdON Group, about the company’s core maintenance activities, diversifying into the lubricants markets and looking to…

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Shell drops Gabon onshore assets
NEWS
Gabon - March 24, 2017

Shell on Friday announced it had reached an agreement with Carlyle Group unit Assala Energy Holdings on the sale of its onshore assets in Gabon.

The transaction,…

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Total divests Gabon assets
NEWS
Gabon - February 27, 2017

Total on Monday announced it had reached an agreement with Pereco on the sale of various Gabon assets.

Valued at USD 350 million, the transaction will see Total…

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Articles
Abu Dhabi - December 28, 2016

In August 2015, the Italian super-major Eni made the largest gas discovery ever in the Mediterranean. For the third part of our series on the best projects of 2016, we…

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Republic of Congo fields change owners
NEWS
Republic of Congo - December 13, 2016

The Tchibouela, Tchendo and Tchibeli-Litanzi mature fields have changed hands, local media reported on Tuesday. Perenco will acquire Total’s 40% stake and…

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Perenco finalises Trinidad market entry
NEWS
Trinidad and Tobago - December 12, 2016

Perenco on Friday said it had finalised the acquisition a 70% stake in the Teak, Samaan and Poui (TSP) Block offshore Trinidad and Tobago, marking the company’s…

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Interview
Republic of Congo - November 30, 2016

TOGY talks to Jean Cousquer, Congo country manager for SICIM, about the country operations in Congo, its expansion plans, and where the local market might be heading in…

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