Perenco is pleased to announce the acquisition of a 70% interest in the Teak, Samaan and Poui Block (“TSP”) in Trinidad and Tobago. The interest in the fields, located offshore south east of Trinidad...More..
2016/12/09New country entry with acquisition of th...
Perenco is pleased to announce the acquisition of a 70% interest in the Teak, Samaan and Poui Block (“TSP”) in Trinidad and Tobago. The interest in the fields, located offshore south east of Trinidad, has been bought from Repsol E&P T&T Ltd, a subsidiary of Repsol SA, the Spanish integrated global energy company. Perenco will be operator of the TSP assets, where current production is in the region of 14 000 bopd barrels of oil equivalent per day.
The capacity of Perenco to operate mature fields and enhance economical production in a low oil price environment was well received by the local authorities and the TSP Partners. The completion of this acquisition opens the door to future collaborations and opportunities in Trinidad & Tobago.
Commenting on today’s announcement, Perenco’s CEO, Benoît de la Fouchardiere, said:
“We are very pleased to be entering Trinidad & Tobago with the acquisition of a 70% interest in the Teak, Samaan and Poui fields. Maintaining production from ageing assets is a core Perenco competence, and this transaction highlights Perenco’s delivery of our operator led strategy. We look forward to a long partnership with Trinidad & Tobago and welcome the former Repsol employees to Perenco.”
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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.