Perenco began operations in Gabon in 1992 with the acquisition of four offshore fields south of Port-Gentil. An ambitious strategy of development and acquisition has resulted in current production of 65,000 bopd through 29 offshore and onshore licences.
One half of Perenco's crude oil production in Gabon is sent to the Fernan Vaz and Banio Floating Storage and Offloading (FSO) units, with storage capacities of two million and 500,000 barrels, respectively.
A significant increase in reserves can be attributed to recent development of Moukouti, Mwengui, Turnix, Rembo-Kotto, Ompoyi, Orindi, Oba, Olende, and Niungo fields.
With the ownership of several exploration licences, the company has an accelerating exploration drilling programme. Recent discoveries include: