We care, day in and day out, about providing safe and smart solutions for oil and gas production. Our expertise in finding the right solution for each situation, even if we have to create it, is the key to our long-term success.

“We care, day in and day out, about providing safe and smart solutions for oil and gas production. Our expertise in finding the right solution for each situation, even if we have to create it, is the key to our long-term success. "

Armel Simondin,

CEO

perenco group perenco group

5°1'38"S
11°34'18''E

Founding spirit

AN ENTREPRENEURIAL VISION.Our founder, Hubert Perrodo, was a man ahead of his time. Perenco was created from his entrepreneurial vision, after he found a gap in the market in mature oil and gas fields. The son of a French fisherman, he started a rental company for service barges in 1975. Going onto become a ship-owner in his own right. In 1981 he founded the drilling company Techfor, reselling it in 1992 to focus on the acquisition of oil and gas interests. Perrodo Energy Company - Perenco - was born, with Hubert quickly focusing on the operation of mature and marginal oil fields. PERENCO TODAY.His relentless capacity for transformation means we are now a leading international independent hydrocarbon company. We're a growing family business, still guided by his core values: responsibility, excellence and passion. Hubert’s son, François, took over in 2006, encouraging our engineers to innovate and putting operations back at the heart of the business. As well as further expanding the company in the Caribbean, Central Africa, Latin America and South East Asia. Leading us successfully through global financial crisis, including the price of a barrel of oil hitting historic lows, and the Covid-19 pandemic.
AN ENTREPRENEURIAL VISION

Our founder, Hubert Perrodo, was a man ahead of his time.
Perenco was created from his entrepreneurial vision, after he found a gap in the market in mature oil and gas fields.
The son of a French fisherman, he started a rental company for service barges in 1975. Going onto become a ship-owner in his own right.
In 1981 he founded the drilling company Techfor, reselling it in 1992 to focus on the acquisition of oil and gas interests.
Perrodo Energy Company - Perenco - was born, with Hubert quickly focusing on the operation of mature and marginal oil fields.

PERENCO TODAY

His relentless capacity for transformation means we are now a leading international independent hydrocarbon company.
We're a growing family business, still guided by his core values: responsibility, excellence and passion.
Hubert’s son, François, took over in 2006, encouraging our engineers to innovate and putting operations back at the heart of the business.
As well as further expanding the company in the Caribbean, Central Africa, Latin America and South East Asia.
Leading us successfully through global financial crisis, including the price of a barrel of oil hitting historic lows, and the Covid-19 pandemic.

perenco

4°7'54"S
8°28'41''E

“Our company is one of a kind, just like the made-to-measure solutions we create.
We do things differently."

François Perrodo,

Chairman

Overview

Perenco by numbers .Perenco was created from an entrepreneurial vision. It's now a leading international independent hydrocarbon company. But more than that - Perenco is a spirit. Numbers don't tell the whole story, but they do give you a good idea of who we are. Let’s take a look.

Perenco by numbers

Perenco was created from an entrepreneurial vision.
It's now a leading international independent hydrocarbon company.
But more than that - Perenco is a spirit.
Numbers don't tell the whole story, but they do give you a good idea of who we are.
Let’s take a look.

History

Perenco is a leading independent oil and gas company started by Hubert Perrodo. His vision for mature fields was ahead of its time and has allowed us to grow sustainably since 1992. This growth mindset has been reinforced under the leadership of his son François. While we’re future-focused, we’re incredibly proud of our journey so far.

Perenco is a leading independent oil and gas company started by Hubert Perrodo.
His vision for mature fields was ahead of its time and has allowed us to grow sustainably since 1992.
This growth mindset has been reinforced under the leadership of his son François.
While we’re future-focused, we’re incredibly proud of our journey so far.

  • First offshore oil field

    Hubert Perrodo acquires his first offshore oil field from Amoco in Gabon and creates a business model which becomes the Perenco we know today.

  • New Markets
    1993 > 2003

    Perenco builds a global portfolio with assets in Colombia, Cameroon, the Democratic Republic of Congo, Guatemala, the North Sea, the Republic of Congo, Turkey, Tunisia and Venezuela.

  • François Perrodo takes the helm

    François Perrodo takes over the running of the company after the loss of his father.

  • New assets
    2011 > 2016

    Perenco continues to develop its oil and gas production. External growth is measured in Cameroon, Colombia, the Republic of Congo, the United Kingdom and Vietnam.

  • A New Strategy

    From 2017 onwards Perenco centres its new strategy on operations and projects through innovation. Reinventing the future of exploration-production in the countries where we operate. All the while we’re expanding - with new assets in Brazil, Chad, Gabon, Mexico, the Republic of Congo and Trinidad & Tobago.

Values

Your values guide everything you do. The same is true at Perenco. We believe in creating shared value wherever we operate and in being responsible. Our Values in action mean looking closely at why, and how, we work in the places we do.

Your values guide everything you do.
The same is true at Perenco.
We believe in creating shared value wherever we operate and in being responsible.
Our Values in action mean looking closely at why, and how, we work in the places we do.

  • Commitment
  • Excellence
  • Pioneer
  • Together

Our choices are dictated by a sustainable vision, and we build each project with conviction and responsibility.

Continuous improvement guides our actions to combine quality, safety and efficiency. We maximize value creation while making safety and sustainability the pillars of our development.

Our approach is unique. We anticipate the needs of tomorrow and innovate where others stop. This pioneering spirit drives us every day.

Our strength is collective. Co-operation and team spirit are the essential elements to achieve our objectives and build long-lasting partnerships.

  • Commitment

    Our choices are dictated by a sustainable vision, and we build each project with conviction and responsibility.


  • Excellence

    Continuous improvement guides our actions to combine quality, safety and efficiency. We maximize value creation while making safety and sustainability the pillars of our development.


  • Pioneer

    Our approach is unique. We anticipate the needs of tomorrow and innovate where others stop. This pioneering spirit drives us every day.


  • Together

    Our strength is collective. Co-operation and team spirit are the essential elements to achieve our objectives and build long-lasting partnerships.





Strategy

After 30 years of meeting technical challenges around our international operations, a new cycle is opening now for Perenco. Gas will be more and more important in the company, in accordance with the host countries’ energy transition policies. We’ll do more locally to support its development and more internationally to feed it with new innovations. We know there is much more that can be done in these countries and with these fields. There is significant potential to be found in the resources that already exists, is a good way to summarize our next chapter.

After 30 years of meeting technical challenges around our international operations, a new cycle is opening now for Perenco.

Gas will be more and more important in the company, in accordance with the host countries’ energy transition policies.

We’ll do more locally to support its development and more internationally to feed it with new innovations.

We know there is much more that can be done in these countries and with these fields. There is significant potential to be found in the resources that already exists, is a good way to summarize our next chapter.

  • Our people
  • Being independent
  • Working responsibly
  • Future-focused

Our people

Our teams continue to find simple, practical solutions to complex technical problems related to exploration and production of oil and gas. Since 2016 we’ve been developing the business by being innovative in the way we work across the value chain, from exploration to decommissioning, without compromising on our integrity or the safety of our people and the environment. We are constantly improving our knowledge base, by making training more accessible and tailored, as well as deepening our innovative techniques in drilling, construction and production. We’ve created new jobs - jobs of the future - to support this growth. This has allowed us to really cement our company savoir-faire, to share skills and increase awareness of Perenco’s core values in our teams around the world.

Our teams continue to find simple, practical solutions to complex technical problems related to exploration and production of oil and gas.

Since 2016 we’ve been developing the business by being innovative in the way we work across the value chain, from exploration to decommissioning, without compromising on our integrity or the safety of our people and the environment.

We are constantly improving our knowledge base, by making training more accessible and tailored, as well as deepening our innovative techniques in drilling, construction and production.

We’ve created new jobs - jobs of the future - to support this growth.

This has allowed us to really cement our company savoir-faire, to share skills and increase awareness of Perenco’s core values in our teams around the world.

Being independent

We can’t let oil prices dictate how we approach problems in our sector. We must find solutions, no matter what, it is a technical decision, not a financial one. We have to stay independent and future-focused, and for that we rely on the expertise of our teams across the lifecycle of our sites. Keeping annual investment at the appropriate level ensures the renewal of reserves and keeps oil and gas production delivery consistent.

We can’t let oil prices dictate how we approach problems in our sector. We must find solutions, no matter what, it is a technical decision, not a financial one.

We have to stay independent and future-focused, and for that we rely on the expertise of our teams across the lifecycle of our sites.

Keeping annual investment at the appropriate level ensures the renewal of reserves and keeps oil and gas production delivery consistent.

Working responsibly

Day-to-day Perenco is 100% committed to its stakeholders’ priorities, leading by example in safety and environmental protection. Our made-to-measure approach on each of our sites reduces the effect we have on the ecosystems that surround them. Our most important resource is our people. We bring out local resources and support their development over time. We have breathed new life into old platforms by recycling. Where needed, we’ve created state-of-the-art solutions on sites - which reduce the overall impact of our projects. We have patented many of our innovations. We have diversified into decommissioning to restore oil and gas installations to their original state, with projects in the North Sea and Africa. We have a positive impact at a local level. We participate in the development of host countries by completing projects of national interest in oil and gas but also by providing the products that they need (LPG, Gas to Power, Gas to Industry). We help communities become more self-sufficient through projects such as fish farming, agroforestry, and by helping to improve healthcare and infrastructure.

Day-to-day Perenco is 100% committed to its stakeholders’ priorities, leading by example in safety and environmental protection.

Our made-to-measure approach on each of our sites reduces the effect we have on the ecosystems that surround them.

Our most important resource is our people. We bring out local resources and support their development over time. We have breathed new life into old platforms by recycling.

Where needed, we’ve created state-of-the-art solutions on sites - which reduce the overall impact of our projects.

We have patented many of our innovations.

We have diversified into decommissioning to restore oil and gas installations to their original state, with projects in the North Sea and Africa.

We have a positive impact at a local level. We participate in the development of host countries by completing projects of national interest in oil and gas but also by providing the products that they need (LPG, Gas to Power, Gas to Industry). We help communities become more self-sufficient through projects such as fish farming, agroforestry, and by helping to improve healthcare and infrastructure.

Future-focused

Being responsible, and embodying all of Perenco's values, is essential. The challenges are bigger in tougher environments. When we take over a new field, we rethink everything. This is key for the future. Safety, social and environmental impact are always at the top of our list of priorities. We know we still have a lot of opportunities to capture in the future.

Being responsible, and embodying all of Perenco's values, is essential.

The challenges are bigger in tougher environments.
When we take over a new field, we rethink everything. This is key for the future.
Safety, social and environmental impact are always at the top of our list of priorities.

We know we still have a lot of opportunities to capture in the future.

Our teams continue to find simple, practical solutions to complex technical problems related to exploration and production of oil and gas. Since 2016 we’ve been developing the business by being innovative in the way we work across the value chain, from exploration to decommissioning, without compromising on our integrity or the safety of our people and the environment. We are constantly improving our knowledge base, by making training more accessible and tailored, as well as deepening our innovative techniques in drilling, construction and production. We’ve created new jobs - jobs of the future - to support this growth. This has allowed us to really cement our company savoir-faire, to share skills and increase awareness of Perenco’s core values in our teams around the world.
Our teams continue to find simple, practical solutions to complex technical problems related to exploration and production of oil and gas.

Since 2016 we’ve been developing the business by being innovative in the way we work across the value chain, from exploration to decommissioning, without compromising on our integrity or the safety of our people and the environment.

We are constantly improving our knowledge base, by making training more accessible and tailored, as well as deepening our innovative techniques in drilling, construction and production.

We’ve created new jobs - jobs of the future - to support this growth.

This has allowed us to really cement our company savoir-faire, to share skills and increase awareness of Perenco’s core values in our teams around the world.
We can’t let oil prices dictate how we approach problems in our sector. We must find solutions, no matter what, it is a technical decision, not a financial one. We have to stay independent and future-focused, and for that we rely on the expertise of our teams across the lifecycle of our sites. Keeping annual investment at the appropriate level ensures the renewal of reserves and keeps oil and gas production delivery consistent.
We can’t let oil prices dictate how we approach problems in our sector. We must find solutions, no matter what, it is a technical decision, not a financial one.

We have to stay independent and future-focused, and for that we rely on the expertise of our teams across the lifecycle of our sites.

Keeping annual investment at the appropriate level ensures the renewal of reserves and keeps oil and gas production delivery consistent.
Day-to-day Perenco is 100% committed to its stakeholders’ priorities, leading by example in safety and environmental protection. Our made-to-measure approach on each of our sites reduces the effect we have on the ecosystems that surround them. Our most important resource is our people. We bring out local resources and support their development over time. We have breathed new life into old platforms by recycling. Where needed, we’ve created state-of-the-art solutions on sites - which reduce the overall impact of our projects. We have patented many of our innovations. We have diversified into decommissioning to restore oil and gas installations to their original state, with projects in the North Sea and Africa. We have a positive impact at a local level. We participate in the development of host countries by completing projects of national interest in oil and gas but also by providing the products that they need (LPG, Gas to Power, Gas to Industry). We help communities become more self-sufficient through projects such as fish farming, agroforestry, and by helping to improve healthcare and infrastructure.
Day-to-day Perenco is 100% committed to its stakeholders’ priorities, leading by example in safety and environmental protection.

Our made-to-measure approach on each of our sites reduces the effect we have on the ecosystems that surround them.

Our most important resource is our people. We bring out local resources and support their development over time. We have breathed new life into old platforms by recycling.

Where needed, we’ve created state-of-the-art solutions on sites - which reduce the overall impact of our projects.

We have patented many of our innovations.

We have diversified into decommissioning to restore oil and gas installations to their original state, with projects in the North Sea and Africa.

We have a positive impact at a local level. We participate in the development of host countries by completing projects of national interest in oil and gas but also by providing the products that they need (LPG, Gas to Power, Gas to Industry). We help communities become more self-sufficient through projects such as fish farming, agroforestry, and by helping to improve healthcare and infrastructure.
Being responsible, and embodying all of Perenco's values, is essential. The challenges are bigger in tougher environments. When we take over a new field, we rethink everything. This is key for the future. Safety, social and environmental impact are always at the top of our list of priorities. We know we still have a lot of opportunities to capture in the future.
Being responsible, and embodying all of Perenco's values, is essential.

The challenges are bigger in tougher environments.
When we take over a new field, we rethink everything. This is key for the future.
Safety, social and environmental impact are always at the top of our list of priorities.

We know we still have a lot of opportunities to capture in the future.
Producing Countries

QHSE (Quality, Health, Safety & Environment)

QHSE

.Our HSE policy is much more than a formality: it stands as a cornerstone of our worldwide activities. We are committed to protecting the health and safety of our employees, preserving the environment, and integrating these priorities at every stage of our operations. Our key commitments: • Exemplary leadership: Our managers and supervisors exemplify the importance of health, safety and the protection of the environment in our everyday activities. • Dedicated resources: We invest significantly to ensure robust and effective HSE practices. • Continuous improvement: Preventing accidents, reducing environmental impacts and providing safe workplaces are central to our approach. • Shared responsibilities: Each employee and subcontractor supports this policy, with the right to express their concerns and halt an operation if necessary.

Our HSE policy is much more than a formality: it stands as a cornerstone of our worldwide activities. We are committed to protecting the health and safety of our employees, preserving the environment, and integrating these priorities at every stage of our operations.

Our key commitments:

• Exemplary leadership: Our managers and supervisors exemplify the importance of health, safety and the protection of the environment in our everyday activities.

• Dedicated resources: We invest significantly to ensure robust and effective HSE practices.

• Continuous improvement: Preventing accidents, reducing environmental impacts and providing safe workplaces are central to our approach.

• Shared responsibilities: Each employee and subcontractor supports this policy, with the right to express their concerns and halt an operation if necessary.

perenco

4°28’21"S
11°5’26"E

“At Perenco, Safety, Health, and the protection of the Environment are not negotiable. HSE is our individual responsibility, and it is the foundation of our collective success. We strive every day to ensure that HSE is at the heart of our Operational Excellence.” Cyril Thiebaut, Group QSHE Director

“At Perenco, Safety, Health, and the protection of the Environment are not negotiable. HSE is our individual responsibility, and it is the foundation of our collective success. We strive every day to ensure that HSE is at the heart of our Operational Excellence.”

Cyril Thiebaut, Group QSHE Director

.• Compliance with local and global laws: We stringently adhere to the laws and regulations of the countries where we operate, while setting our own ambitious standards. • Proactive risk management: risks are identified and mitigated to protect people, the environment and our assets . • Tailored responses: For every incident, we react with rapid corrective actions and rigorous monitoring. By applying this policy, we are affirming our commitment to balance Excellence and Engagement, while minimising our environmental impact and prioritising the well-being of our teams. At Perenco, safety and sustainability are not just priorities, they are the foundation of a shared culture.

• Compliance with local and global laws: We stringently adhere to the laws and regulations of the countries where we operate, while setting our own ambitious standards.

• Proactive risk management: risks are identified and mitigated to protect people, the environment and our assets .

• Tailored responses: For every incident, we react with rapid corrective actions and rigorous monitoring.

By applying this policy, we are affirming our commitment to balance Excellence and Engagement, while minimising our environmental impact and prioritising the well-being of our teams.

At Perenco, safety and sustainability are not just priorities, they are the foundation of a shared culture.



perenco

4°28’21"S
11°5’26"E