Yaoundé, Cameroon, 27th November, 2015 - Gazprom Marketing & Trading Singapore Pte Ltd (“GM&TS”), Société Nationale des Hydrocarbures (“SNH”), Perenco Cameroon S.A. (“PERCAM”), Golar Hilli and Golar Cameroon (“GOLAR”) are pleased to announce the signing of an eight year floating liquefied natural gas project, off the coast of Kribi, Cameroon.
The project is based on the allocation of 500 BCF of natural gas reserves to be supplied by SNH and PERCAM from the Sanaga Sud and Ebome fields. The FLNG Terminal will be owned and operated by GOLAR via its “Hilli” FLNG vessel currently under conversion at the Keppel Shipyard in Singapore. First LNG deliveries from the terminal are scheduled to commence during the second half of 2017.
Following an international tender GM&TS has been awarded this 1.2 million tonnes per annum FOB LNG sales contract and will be the sole off-taker from the FLNG terminal.
On the basis of the foregoing, SNH and Perenco Cameroon are happy to announce the Final Investment Decision (“FID”) for the FLNG project.
The project represents an outstanding industry initiative bringing off-shore liquefaction solutions to monetize previously unexploited or marginal natural gas accumulations. Commercial innovations and optimisations in the upstream, mid-stream and downstream value chain have been decisive elements leading to the FLNG Project’s FID.
2015/07/23First new export buoy lifting in Gabon.
The buoy of the Terminal Fernan Vaz for the North Offshore area in Gabon was used for its first lifting on July 21st 2015. Mooring and lifting operations were successfully completed by the terminal...More..
The buoy of the Terminal Fernan Vaz for the North Offshore area in Gabon was used for its first lifting on July 21st 2015. Mooring and lifting operations were successfully completed by the terminal team who loaded 752.588 net bbl. This new terminal feature is a significant upgrade of the terminal capacity as it now allows the berthing of Very Large Crude Carrier (VLCC) tankers of up to 325.000 dead weight tonnage. This capacity covers the entire current world tanker fleet, either in first or second ports of call. This will make the Asian market accessible to the Oguendjo Blend grade and enlarge competition for crude sales. The new buoy replaces the bow-to-bow previous berthing method and will reduce mooring risks at the terminal. This project involved mooring installation, second hand buoy purchase and retrofit in Australia, laying of 2 km 30’’ pipeline with concrete coating, two PLEM installations by Perenco diving teams, and subsea hose connections and testing in 30 m of water depth.
2015/07/07Su Tu Nau E-sequence development.
On the 1st of July, the latest well on the Sư Tử Nâu (“Brown Lion”) field, SNS-5AP, was put on stream and is now flowing at a production rate of around 1,500 bopd with less than 2% watercut, with...More..
On the 1st of July, the latest well on the Sư Tử Nâu (“Brown Lion”) field, SNS-5AP, was put on stream and is now flowing at a production rate of around 1,500 bopd with less than 2% watercut, with just 350 psi drawdown applied to the reservoir. A simplified well design with a single phase from surface casing to Total Depth allowed the well to be delivered 10 days ahead of schedule, 26 days after spud. The addition of the Oligocene E-sequence reservoir production, just nine months after start-up of the Basement reservoir, required the absolute dedication and commitment of the Perenco team, in order to push through the development of this new reservoir. The Basement development wells were logged over the E-sequence in 2014, and it was apparent that a better reservoir was located at the SNS-1P & 2P locations, compared to the SN-3X well which was tested back in June 2010. The SNS-5AP well was then designed to target the better sands. A staged ramp-up is planned for the well following data acquisition operations. Once ramped up, oil production is expected to exceed 4,000 bopd. The reservoir will be evaluated over the coming weeks and months and the forward plan for additional well(s) will be firmed up, hopefully starting with SNS-6P in 2016. The future looks good for Sư Tử Nâu E-sequence, with available infrastructure and P50 oil-in-place of close to 70MMbbls.
2015/03/05Perenco UK completes successful drilling...
Perenco UK is pleased to announce that the Leman 53/02a-15y well, drilled Sept-Oct 2014 as a subsea development well 7 km to the south-west of the Leman 27H platform, was brought online on 27th...More..
Perenco UK is pleased to announce that the Leman 53/02a-15y well, drilled Sept-Oct 2014 as a subsea development well 7 km to the south-west of the Leman 27H platform, was brought online on 27th February 2015, producing at a controlled rate of 45 mmscf/day. The well confirmed the western extension of the Leman South field which holds between 70 and 90 bcf of dry gas. After the Leman well, a 1,000 m long sub-horizontal platform well was drilled in the south-eastern portion of the Hoton field. This area had not been developed by the previous operator. The new Hoton well encountered some fractures but the majority of the reservoir penetration was low porosity but at virgin reservoir pressure, it flowed at 10 mmscf/d on an 80/64” choke during clean-up and can be brought online through existing facilities. This eight month drilling campaign is a significant success for Perenco UK and accesses previously-undeveloped gas resources. The success of these recent wells demonstrates the continued prospectivity of our core North Sea complex and paves the way for the next phase of development of tight gas fields such as Ravenspurn North and South.
2014/08/27100 000 Medical attentions on BAP Pastaz...
On Monday August 25th 2014, a ceremony was organized at Iquitos Marine Base to celebrate the return of the BAP Pastaza from her 4th river trip (of 40 days) – where she accomplished her 100 000th...More..
On Monday August 25th 2014, a ceremony was organized at Iquitos Marine Base to celebrate the return of the BAP Pastaza from her 4th river trip (of 40 days) – where she accomplished her 100 000th medical attention since the startup of the program in November 2009.
At this occasion commemorative trophy was remitted to two crew members onboard the program since the initial days – one mechanic from the navy and one Doctor Assistant from the medical crew. Five years after its implementation the program is still receiving a very high level of attention from local authorities, Social and Health public Services and the Peruvian Marine.
After her next trip starting mid-September, the boat – which medical facilities and maintenance are managed by Perenco - is planned to enter for short dry dock in Iquitos in view of resuming her duties at the end of the year.
2014/07/25Perenco participates in the 5th Scientif...
Perenco REP and Mioc were present in Kinshasa on the 23rd and 24th July 2014 for the 5th Scientific Day organised by the Mining and Geology Research Centre (MGRC), an organisation overseen by the...More..
Perenco REP and Mioc were present in Kinshasa on the 23rd and 24th July 2014 for the 5th Scientific Day organised by the Mining and Geology Research Centre (MGRC), an organisation overseen by the Congolese Minister of Scientific Research.
In front of an assembly of 100 people -most of whom were experts and researchers in Mines and Hydrocarbons - Benjamin Safari, production geologist for Perenco in the DRC presented "The Geological Characteristics of the Coastal Basin". It was a simplified and well illustrated presentation which gave Perenco's expert the opportunity to enlighten the scientists on the subject of the mature fields of this basin, and on the expertise developed by the oil company established in Muanda to make these fields profitable.
The five research days of MGRC have been organised under the theme "non-renewable raw materials: geological knowledge, technology and sustainable development", with a three-fold objective, namely: giving researchers the opportunity to present the results of their research to their peers, offer a platform to the geologists to exchange views on their respective sectors/areas and finally to enable researchers to focus on and discover new directions.
2014/06/27Inauguration of power plant in Guatemala...
On 26th of June, Jean-Michel Jacoulot, CEO of Perenco, received Otto Perez Molina, President of Guatemala at the Xan Oil Field, for the inauguration of the recently commissioned power plant. The...More..
On 26th of June, Jean-Michel Jacoulot, CEO of Perenco, received Otto Perez Molina, President of Guatemala at the Xan Oil Field, for the inauguration of the recently commissioned power plant. The president was accompanied by the Minister of Energy and Mines, Vice Ministers and the Director of Hydrocarbons. The power plant is composed of eight diesel generators and two gas generators with a total capacity of 14MW. The 33 km underground distribution network connects all wells to the electrical generation power plant. The implementation of this plant substitutes individual power generators that were installed at each well. "This is the most ambitious project executed at the Xan Field in the past 20 years. This plant has multiple benefits to all those involved in the operation of Xan, the State of Guatemala, Perenco, our employees, and the environment", said Jean-Michel Jacoulot, during the inaugural ceremony. The plant and electrical distribution network were completed in 22 months and created 200 jobs. "Perenco represents 92.2% of the oil production of the country. This investment of US$25 million allows for a significant reduction in the cost per barrel of crude, contributing more income for the State of Guatemala",
Perenco is proud to be supporting the Kimmeridge Project, which will see the world famous Etches Kimmeridge Clay Fossil Collection permanently housed in a purpose built museum in the heart of the...More..
Perenco is proud to be supporting the Kimmeridge Project, which will see the world famous Etches Kimmeridge Clay Fossil Collection permanently housed in a purpose built museum in the heart of the village of Kimmeridge. As well as being an important educational facility for students to learn more about Dorset's Jurassic Coast, the museum will also serve as a new community centre and hall for the village. The museum, which has recently announced that it has received a significant grant from the Heritage Lottery Fund (HLF), is expected to open in 2016. Commenting on Perenco's support, Eric d'Argentré, Head of Perenco UK, said: "We are delighted to be involved with the Kimmeridge Project, a very worthwhile educational and community programme in the heart of our area of operations. The Etches Collection is truly outstanding and is deserving of a permanent home. This will not only showcase the lifetime's work of an amazing local character, Steve Etches, but the museum will also provide a unique learning facility. The Project will give the village a much needed improved hall for, as well as significant economic benefits to the area, whilst preserving its unique character. The mix of geology, education and community support makes The Kimmeridge Project and Perenco a perfect partnership. We look forward to continuing to support this very worthwhile enterprise." John Woodward, Kimmeridge Project Director, said: We are extremely grateful to Perenco for their support as one of our main corporate sponsors. Their early interest in the project played an important part in us being able to subsequently secure Heritage Lottery Funding. There is still much to be done but we have a clear path to the successful completion of the project and to the creation of a world class facility for both the local community and visitors alike.
2014/01/31Bas-Congo : electricity capacity increas...
The electricity capacity in the town of Muanda, 200 km west of Matadi (Bas-Congo) was increased in January 2014 from 900 kW to 1200 kW, representing an increase of about 40%. At the end of February...More..
The electricity capacity in the town of Muanda, 200 km west of Matadi (Bas-Congo) was increased in January 2014 from 900 kW to 1200 kW, representing an increase of about 40%. At the end of February 2014, the total capacity will reach 1,600 kW.
This is the result of a series of maintenance initiatives funded (for $ 250,000) and technically supported by Perenco for the gas groups of the National Electricity Company (SNEL) in Muanda.
It should be noted that the gas supplied to these groups is associated with the production of the oil company Perenco. This additional energy in the town of Muanda will reduce power cuts and blackouts, according to Simon Ngimbi, the head of SNEL in the territory of Muanda .
In addition to the supply of gas, Perenco will provide SNEL 1MW of electricity as part of its social intiatives.
2014/01/30Protecting marine wildlife in Gabon
Perenco Oil and Gas and ANPN (National Parks Agency of Gabon) are pleased to announce the signing of a Memorandum of Agreement between the two entities on 30th January, 2014, for a period of three...More..
Perenco Oil and Gas and ANPN (National Parks Agency of Gabon) are pleased to announce the signing of a Memorandum of Agreement between the two entities on 30th January, 2014, for a period of three years. This agreement is based on studies conducted by the ANPN, the National Geographic Society, the Waitt Institute and the Wildlife Conservation Society, which revealed the richness of the marine life surrounding oil rigs. It was shown that oil rigs provide a favourable environment for the development of artificial reef biodiversity, unspoiled by fishing due to the presence of a safety zone around offshore platforms. As a result of these findings, the agreement partners plan to conduct studies on the protection of these ecosystems in the context of oil production and at the moment of the decommissioning of the platforms. This practice is known as "Rig to Reef". The MOA will provide ANPN with the financial means necessary to carry out its mission of research and protection. Mayumba National Park in southern Gabon, near which Perenco operates, notably includes populations of cetaceans and sea turtles that will be the focus of specific studies. The unique marine wildlife of Gabon, which is the heritage of the country due to its potential as a tourist attraction, is today faced with the threat of illegal industrial fishing.
2013/12/06First barrel of oil produced on Block 67...
On the 5th December the Peruvian President, Ollanta Humala Tasso celebrated the first barrel of oil produced in the field.
The President was accompanied by the minister of Mines & Energy...More..
On the 5th December the Peruvian President, Ollanta Humala Tasso celebrated the first barrel of oil produced in the field.
The President was accompanied by the minister of Mines & Energy Jorge Merino Tafur, the Deputy Victor Isla, the Regional President Yvan Vasquez and the chief of the Buena Vista community, Ronner Rocero.
The visit provided the opportunity to explain the work undertaken to achieve the significant milestone of first oil, as well as the considerable benefits that this will continue to bring both the regional and national economy.
In his speech President Humala highlighted the local aspect of the project, For example having a major part of the facilities built in Iquitos and through employing a large majority of local workers. The President also noted the very good relationship that Perenco is maintaining with the communities and cited a new era for the Amazonian development that the design of the environmental and social responsibilities now bring.
First oil from Block 67 marks the first new producing field in Peru's Amazon Basin for thirty years.
Symbolically, Francois Perrodo and the President opened the Curaray Terminal valve, thus allowing the crude to start flowing.
2013/10/21The return of the H260 rig in the DRC in...
Following the encouraging results from the 2011-2012 offshore drilling campaign with the H260 rig (the first completed since the 2004 restart of operations in the offshore field), Perenco mobilised...More..
Following the encouraging results from the 2011-2012 offshore drilling campaign with the H260 rig (the first completed since the 2004 restart of operations in the offshore field), Perenco mobilised the effective drilling rig again this year in a new development campaign in Muanda (DRC).
The campaign is focused on several fields: Lubi (through the resumption of an existing well that was never put into production), Liboa (two development wells in the southern zone), Tshiala (an appraisal and water injection well) and the Moko (an exploration well). The campaign, started in mid-April 2013, is scheduled to continue until March 2014.
Perenco continues to demonstrate its commitment to the development of offshore reserves located in difficult reservoirs. This new project is the direct result of excellent cooperation between the operator, its industrial partners (Chevron, Inpex) and the government of the DRC.