Perenco
Encyclopedia
Perenco is an independent Anglo-French oil and gas company with a headquarters in London
. It has exploration and production activities in 16 countries across the globe (the North Sea
, Cameroon, Gabon, Republic of Congo, Democratic Republic of Congo, Guatemala, Ecuador, Colombia, Peru, Venezuela, Brazil, Belize, Tunisia, Egypt, Turkey, Iraq).
Perenco is involved in operations both onshore and offshore with production equal to approximately 250000 barrels (39,746.8 m³) of oil equivalent per day.
as a marine services company based in Singapore
. In 1980 the Group founded the Techfor drilling company and built a fleet of drilling rigs, jack-ups, swamp barges and land rigs. 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.
. These permits are located in the offshore Sorell basin in South-East Australia, which is an extension of the producing Otway basin. They have a combined area of over 13000 square kilometres (5,019.3 sq mi). They offer a range of play types, prospects and leads, some of which are analogous to the Thylacine and Geographe fields in the Otway basin.
Perenco also holds a 33% interest in AC/P45 and 40% in AC/P44 in the Browse basin of the NW shelf with the remainder held by Finder Exploration, who retain operatorship. AC/P44 and AC/P45 have a combined area of 5000 square kilometres (1,930.5 sq mi).
• Emeraude Field since 2001
• Yombo Field since 2002
Perenco is currently the DRC's sole oil producer and is the largest investor and taxpayer in the country.
.
Perenco is the Operator and now holds 100% of the ONS Contractor Group interest.
. The production is 65000 oilbbl/d through 29 offshore and onshore licences. One half of Perenco's crude oil production in Gabon is sent to the Fernan Vaz and Banio Floating Storage and Offloading units, with storage capacities of 2000000 barrels (317,974.6 m³) and 500000 barrels (79,493.6 m³), respectively.
Since December 18, 2007, Perenco has supplied gas to the power plants of Libreville and Port-Gentil. This successful partnership is the result of a project enabling Perenco to provide up to 680,000m3 of gas per day (450,000m3 to Libreville-Owendo and 230,000m3 to Port-Gentil).
The license area is 2,358km2 and is located adjacent to the Silopi licenses in Turkey in which Perenco is a partner. The license is also adjacent to the Tawke field.
Production from the El Franig and Baguel fields is transported to the central processing facility in Oum-Chiah via 120 km of pipeline. Condensate is transferred to the La Skhira terminal for export, and gas is delivered to the Gabes plant for domestic consumption.
Perenco is actively exploring the Takrouna permit, and a 400 km 2D seismic programme has already been acquired. Evaluation of relevant data will determine a location for an exploration well.
Perenco currently operates some 200 wells and seven production gathering stations within a 100 km long zone. Perenco's export facility is located at the Pirinclik terminal, which exports crude oil to Mediterranean seaports. .
• East Leman (Block 49/27)
• Inde - (Block 49/23)
• Trent - (Block 44/24)
• Lancelot - (Block 48/17)
• Thames (Block 49/28)
.
The Pedernales Field is located on the northern margin of the Orinoco Delta. The surrounding environment is a combination of tidal channels and mangrove, with water depth between 3m and 10m. The installation comprises floating and fixed platforms with 26 active wells. It currently produces 5000 oilbbl/d.
The Ambrosio Field in Lake Maracaibo produces 3 000 boepd.
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. It has exploration and production activities in 16 countries across the globe (the North Sea
North Sea
In the southwest, beyond the Straits of Dover, the North Sea becomes the English Channel connecting to the Atlantic Ocean. In the east, it connects to the Baltic Sea via the Skagerrak and Kattegat, narrow straits that separate Denmark from Norway and Sweden respectively...
, Cameroon, Gabon, Republic of Congo, Democratic Republic of Congo, Guatemala, Ecuador, Colombia, Peru, Venezuela, Brazil, Belize, Tunisia, Egypt, Turkey, Iraq).
Perenco is involved in operations both onshore and offshore with production equal to approximately 250000 barrels (39,746.8 m³) of oil equivalent per day.
History
The company was established in 1975 by Hubert PerrodoHubert Perrodo
Hubert Perrodo was the creator, leader and owner of the oil group Perenco.He was born in 1944 in Larmor-Baden in Morbihan to a family of fishermen and died on December 29th, 2006, in a climbing accident in Courchevel....
as a marine services company based in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
. In 1980 the Group founded the Techfor drilling company and built a fleet of drilling rigs, jack-ups, swamp barges and land rigs. 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.
Operations
Perenco operates in 16 countries and has over 4,000 employees. It is involved in operations both onshore and offshore with production equal to approximately 250000 oilbbl/d. While Perenco's growth has been driven by acquisitions, the Group's strategy evolved rapidly towards increasing production and reserves, renewing licenses and securing additional acreage for new exploration and development opportunities.Australia
Perenco holds a 60% interest in, and operates, exploration permit T/32P and holds a 37,5% interest in T/35P operated by Santos in partnership with MitsuiMitsui
is one of the largest corporate conglomerates in Japan and one of the largest publicly traded companies in the world.-History:Founded by Mitsui Takatoshi , who was the fourth son of a shopkeeper in Matsusaka, in what is now today's Mie prefecture...
. These permits are located in the offshore Sorell basin in South-East Australia, which is an extension of the producing Otway basin. They have a combined area of over 13000 square kilometres (5,019.3 sq mi). They offer a range of play types, prospects and leads, some of which are analogous to the Thylacine and Geographe fields in the Otway basin.
Perenco also holds a 33% interest in AC/P45 and 40% in AC/P44 in the Browse basin of the NW shelf with the remainder held by Finder Exploration, who retain operatorship. AC/P44 and AC/P45 have a combined area of 5000 square kilometres (1,930.5 sq mi).
Belize
Perenco holds a 100% interest in Block A, located in the north of Belize. The Block A exploration permit was signed with the Belizean Authorities in January 2008. The permit is located in the Corozal Basin, an extension of the producing North Peten Basin in Guatemala, and to the north of the Spanish Lookout and Never Delay fields. The permit covers an area of 2388 square kilometres (922 sq mi).Brazil
Perenco was awarded five deep water exploration licenses in the Brazilian 9th round of licensing, with concession agreements signed in March 2008. The exploration blocks are all operated by Perenco and are held in partnership with OGX. The blocks are contiguous and located in the offshore Espirito Santo basin.Congo
Perenco operates two offshore fields in the Republic of Congo :• Emeraude Field since 2001
• Yombo Field since 2002
Cameroon
Perenco has operated in Cameroon since 1993, as a partner with ExxonMobil and SNH, Cameroon's state-owned hydrocarbon company.Democratic Republic of Congo
Since Perenco's arrival in the region in 2000, production has increased significantly through continual investment in new production wells (about 30 per year), and through the company's technical expertise (such as modifications to the pumping systems) focused on completing the primary recovery process and starting the secondary and tertiary recovery processes.Perenco is currently the DRC's sole oil producer and is the largest investor and taxpayer in the country.
Ecuador
In July 2009, the Government of Ecuador took over a day-to-day operations Perenco's fields in Ecuador. Perenco has announced it would file a claim with the International Centre for Settlement of Investment DisputesInternational Centre for Settlement of Investment Disputes
The International Centre for Settlement of Investment Disputes , an institution of the World Bank Group based in Washington, D.C., was established in 1966 pursuant to the Convention on the Settlement of Investment Disputes between States and Nationals of Other States...
.
Egypt
Perenco established operations in Egypt in October 2004 with the acquisition of a 50% interest in the Offshore North Sinai (ONS) undeveloped gas assets.Perenco is the Operator and now holds 100% of the ONS Contractor Group interest.
Gabon
Perenco began operations in Gabon in 1992 with the acquisition of four offshore fields south of Port-GentilPort-Gentil
Port-Gentil or Mandji is the second-largest city of Gabon and a leading seaport. It is the center of Gabon's petroleum and timber industries. Although it lies inshore, the nearby mainland is a remote forest area and it is not connected by road to the rest of the nation...
. The production is 65000 oilbbl/d through 29 offshore and onshore licences. One half of Perenco's crude oil production in Gabon is sent to the Fernan Vaz and Banio Floating Storage and Offloading units, with storage capacities of 2000000 barrels (317,974.6 m³) and 500000 barrels (79,493.6 m³), respectively.
Since December 18, 2007, Perenco has supplied gas to the power plants of Libreville and Port-Gentil. This successful partnership is the result of a project enabling Perenco to provide up to 680,000m3 of gas per day (450,000m3 to Libreville-Owendo and 230,000m3 to Port-Gentil).
Guatemala
Perenco has operated in Guatemala since 2001. Its principal assets in the country comprise Xan Field, La Libertad refinery, and 475 kilometres (295.2 mi) pipeline with six pumping stations connecting Xan and Rubelsanto fields to the Piedras Negras Terminal on Guatemala's Atlantic coast. The facility has a storage capacity of 430 koilbbl, dispatching an average of 12 vessels per year.Iraq
Perenco owns the Sindi-Amedi Exploration License which is located in the Kurdistan Autonomous Region of Northern Iraq.The license area is 2,358km2 and is located adjacent to the Silopi licenses in Turkey in which Perenco is a partner. The license is also adjacent to the Tawke field.
Peru
Perenco holds a 100% interest in the licence contract for Block 67 in the Maranon Basin. Block 67 comprises Paiche, Dorado and Pirana fields. Once development is completed, it is estimated that these fields will have the potential to produce up to 100000 oilbbl/d of oil. The development plan includes the drilling of over 170 wells from 10 platforms and construction of central processing facilities and local pipelines for delivery of crude oil into the export pipeline system. This system will transport production to Bayovar export terminal, located 1000 km from Block 67 on the Pacific coast. In April 2009, the development of Block 67 was declared as a project of national necessity and interest.Tunisia
Perenco's Tunisian assets were acquired in July 2002. Perenco now owns 50% and operates the on-stream El Franig, Baguel, and Tarfa gas condensate fields in central Tunisia.Production from the El Franig and Baguel fields is transported to the central processing facility in Oum-Chiah via 120 km of pipeline. Condensate is transferred to the La Skhira terminal for export, and gas is delivered to the Gabes plant for domestic consumption.
Perenco is actively exploring the Takrouna permit, and a 400 km 2D seismic programme has already been acquired. Evaluation of relevant data will determine a location for an exploration well.
Turkey
In January 1996, Perenco took over oil fields in the vicinity of Diyarbakir, South East Turkey. With daily production at 10000 oilbbl/d (net share), Perenco is the largest foreign oil producer in the country today.Perenco currently operates some 200 wells and seven production gathering stations within a 100 km long zone. Perenco's export facility is located at the Pirinclik terminal, which exports crude oil to Mediterranean seaports. .
United Kingdom North Sea
Perenco operates five compression hubs/gas gathering platforms with their connecting pipelines to Bacton on the Norfolk coast.• East Leman (Block 49/27)
• Inde - (Block 49/23)
• Trent - (Block 44/24)
• Lancelot - (Block 48/17)
• Thames (Block 49/28)
.
Venezuela
Perenco holds interests in two public-private partnerships, Petrowarao and Baripetrol. Petrowarao operates Pedernales and Ambrosio. Baripetrol operates Colon.The Pedernales Field is located on the northern margin of the Orinoco Delta. The surrounding environment is a combination of tidal channels and mangrove, with water depth between 3m and 10m. The installation comprises floating and fixed platforms with 26 active wells. It currently produces 5000 oilbbl/d.
The Ambrosio Field in Lake Maracaibo produces 3 000 boepd.