Perenco’s subsidiary in the Democratic Republic of the Congo (DRC) was established in 2000 in Muanda. The company operates four concessions located both onshore and offshore, spread along a coastal belt measuring 1,500 km˛.
In 2003, Perenco launched a major onshore drilling campaign, which continues at the rate of around 30 wells a year.
| Co-venturers |
| Teikoku, ODS, Cohydro |
| Current Gross Production |
| 25,000 bopd |
| Production and exploration acreage |
| 1466 km² |
Since the acquisition of offshore permits in July 2004, Perenco has maintained production levels of:
• 15,000 bopd (offshore) • 10,000 bopd (onshore)
Perenco plays a major strategic, economic and social role in the region. More than 1,000 pupils in Muanda have already benefited from Perenco’s efforts to build schools and convert buildings into classrooms, with study grants awarded to the best students.