Perenco has operated in Cameroon since 1993, working as a close partner to the National Oil Company, SNH.
Operated production 82 000 BOEPD for 2015
The Perenco know-how is being developed at full scale in the Cameroonian waters
Perenco has operated in Cameroon since 1993, working as a close partner to the National Oil Company, SNH. Perenco operates and produces from the Rio Del Rey, Moudi and Ebome Marine concessions. Perenco also operates three Production Sharing Contracts, two in production (oil from Dissoni North and gas from Sanaga South) and one in the exploration phase (Moabi in the Rio Del Rey basin). The Mokoko-Abana concession, where Perenco holds a 10% interest, is operated by Addax Petroleum Cameroon Company (APCC).
In 2011, Perenco completed the acquisition of Total’s upstream interests. The company is now the leading operator in the country, with an area of operations extending over 6 000 km² in the Rio del Rey and Douala basins, and operated production in Oil and Gas of 82 000 boepd (77 000 bopd and 30 MMscfd.)
Perenco is also operating the FSO La Lobe, storing Ebome crude and the FSO Massongo, a 272 000 DWT converted tanker storing both Lokelé and Kolé crudes.
On the production side, the Perenco know-how is being developed at full scale in the Cameroonian waters with an important number of well interventions being completed per year, in order to adapt to the reservoir conditions and optimise recovery. Various teams are permanently dedicated to the work-over of wells, perforating new reservoirs, performing acid stimulation and optimising the water injection in the numerous reservoirs operated. This continuous well-by-well work, in addition to nearby exploration development (Dissoni North, Inter Inoua Barombi, Bojongo), was rewarded by a 100% increase in production over a four year period. The gas has also been controlled with a reduction of 30% over the period for existing wells through a combined power and compression investment made in Rio del Rey.
Perenco is also involved in gas projects. Sanaga was the first offshore gas field to be developed in Cameroon to feed a third party power plant, which highlights the growing power demand in the country. The two gas wells are producing from an offshore production module, and exported to a gas processing plant at Kribi, where it is treated, to reach the required specifications of the 216 MW Kribi Power Plant. On September 30th, 2015, Perenco and SNH signed with London based LNG company GOLAR a gas convention for 10 years to develop the remaining reserves of Sanaga into GPL for the domestic market and LNG for exportation through an innovative Floating LNG vessel to be moored offshore Sanaga. This project aims to deliver a first gas by Q4 2017.
Zone Portuaire du Wouri BP 1225 / BP 2214
Tel : +237 233 40 76 20/+237 233 41 47 17 Fax : +237 233 41 47 30