With 450 000 boepd, Perenco is Europe's leading independent oil and gas company.
Perenco has a well balanced portfolio of production, development and exploration
assets around the world, built through a strategy of acquisition and strong organic growth.
- Gross production ( BOEPD )
- Net production
Since 1975, shrewd business decisions
and a policy of active development
have enabled Perenco to pursue a
strategy of steady expansion
Founded by Hubert Perrodo (1944–2006), the Perenco Group began operations in the oil and gas industry in 1975, as a marine services company based in Singapore. Within a few years the Group was providing supply boats, work barges, and tugboats to exploration and production companies in South East Asia and the Persian Gulf. Activities soon diversified into tanker storage and service barges.
In 1980 the Group founded Techfor drilling company and built a fleet of drilling rigs, jack-ups, swamp barges and land rigs. After divesting its drilling interests in 1992, Perenco started building a worldwide portfolio of assets. Production acquisition of assets in Gabon, Cameroon, DRC, Colombia, Southern North Sea, Turkey, Tunisia, Venezuela, Guatemala… Development of assets in Egypt, Peru…
Completion of Cameroon Rio del Rey acquisition.
Acquisition of Wytch Farm assets in Dorset, UK.
Social Project in Peru wins Sustainable Development Prize 2011. The Agricultural and Fallow Management Project developed by Perenco Peru and the Native Communities San Rafael and Nuevo Libertad, won the 2011 Sustainable Development Prize, awarded by the National Society of Mining, Petroleum and Energy, to the environmental protection projects most outstanding and innovative of the year.
Acquisition of shares in three permits in Vietnam.
Acquisition of SGA assets in the UK. Entry of PEVP in Peru’s Block 67.
Delivering of the first commercial gas from Sanaga field in Cameroon.
First oil produced on Block 67 in Peru.