Perenco Company News

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Perenco Eyes Controlling Stake in Ivory Coast Well
The investment would boost Ivory Coast's ambition to develop its extractive industries.
7:00 PM EST | November 16, 2020
Petrofac Sells its Remaining Mexico Assets
Petrofac exits its Mexico operations with a sale of its ownership in three fields to Perenco.
8:00 PM EST | September 18, 2019
Reports: Offshore Gas Worker Dies in North Sea Incident
An offshore gas worker has died after an incident in the North Sea, according to various media reports.
7:00 PM EST | December 06, 2016
BP: Potential Gas Play Could Open Up New Phase of North Sea Development
BP has started drilling a potential carboniferous gas play in southern North Sea block 43/26a, which could open up a new phase of development in the region, according to a company statement.
7:00 PM EST | December 05, 2016
Golar, Perenco Reach Agreement on Commercial Terms of Cameroon FLNG Project
Golar LNG and Perenco reach agreement on the commercial terms of the floating liquefaction natural gas export project in Cameroon.
8:00 PM EST | June 30, 2015
Golar Pens HOA with SNH, Perenco to Develop FLNG Project Off Cameroon
Golar LNG pens heads of agreement with Societe Nationale de Hydrocarbures and Perenco Cameroon to develop a floating liquefied natural gas export project offshore Cameroon.
7:00 PM EST | December 25, 2014
BGP Completes 3D Seismic Acquisition Offshore Gabon for Perenco
BGP completes 3D seismic acquisition offshore Gabon for Perenco Oil & Gas Gabon.
8:00 PM EST | July 30, 2014
Independent Oil & Gas Buys Cronx Discovery
Independent Oil & Gas buys UK license block 48/22a, which contains the 'Cronx' gas discovery.
7:00 PM EST | March 04, 2014
Brazil Regulator to Mull Revoking Block Rights of Batista Oil Company
Brazil's ANP oil regulator will decide over the next 60 days whether to revoke the exploration rights for blocks controlled by Oleo e Gas Participacoes SA, the ailing oil company of Brazilian industrialist Eike Batista.
7:00 PM EST | January 27, 2014
Expro Wins Contract Extension in Cameroon
Expro is celebrating a significant contract extension with Perenco in Cameroon.
8:00 PM EST | July 30, 2012
Aker Solutions Wins Perenco N. Sea Contracts
Aker Solutions wins $28 million contract from Perenco UK to provide onshore and offshore services.
8:00 PM EST | July 22, 2012
BP Sells N. Sea Stakes to Perenco
BP has agreed to sell its interests in its southern gas assets (SGA) in the UK North Sea to Perenco UK Ltd for $400 million in cash.
8:00 PM EST | March 26, 2012
ConocoPhillips to Sell Vietnam Business to Perenco Unit for $1.29B
ConocoPhillips agreed to sell its assets in Vietnam to a unit of Perenco for roughly $1.29B, part of ongoing efforts to slim down its business.
7:00 PM EST | February 15, 2012
BP Sells Stakes in UK Fields to Perenco
BP has agreed to sell its interests in the Wytch Farm, Wareham, Beacon and Kimmeridge fields to Perenco for up to $610MM in cash.
8:00 PM EST | May 16, 2011
ASCO Awarded Contract Extension from Perenco
ASCO UK announced the award of a 5-year contract extension from Perenco UK.
8:00 PM EST | April 06, 2011
Bridge Finalizes North Sea Subsidiary Sale
Bridge has now completed the sale of its wholly owned UK subsidiary Bridge North Sea to Perenco UK Limited.
8:00 PM EST | March 15, 2011
Northern Offshore Lands Perenco Gig for Jackup
Northern Offshore's subsidiary, Northern Offshore U.K. Limited, was awarded a contract with Perenco for the jackup Energy Enhancer.
7:00 PM EST | January 18, 2011
Total to Sell Cameroon Stake to Perenco
Total has finalized an agreement in principle with Perenco to sell its 75.8% equity in its upstream affiliate Total E&P Cameroon.
7:00 PM EST | November 09, 2010
Perenco Development Plan for Peru Oil Block Awaits Approval
Perenco is awaiting government approvals for its plan to build eight platforms and drilling 16 wells at its Peruvian oil concession.
8:00 PM EST | September 28, 2010
Perenco Contracts Energy Enhancer for Inde Field
Northern Offshore UK was awarded a contract with Perenco UK for the jackup Energy Enhancer. The contract is for a one-well program on Perenco's Inde Field in the UK Southern North Sea.
8:00 PM EST | April 20, 2010
Perenco Cameroon Signs Offshore PSC
Perenco's Chairman and the Executive General Manager of the National Hydrocarbons Corporation signed a Production Sharing Contract for oil exploration in the Elombo block, offshore Cameroon.
8:00 PM EST | March 15, 2010
Finder Farms Out Northern Browse Interests to Perenco
Finder Exploration has entered into an agreement to farm down part of its interests in their northern Browse Permits, AC/P 44 and AC/P 45.
7:00 PM EST | November 01, 2009
Perenco Snaps Up Marathon Oil's Gabon Assets
Perenco has strengthened its position in Gabon with the acquisition of Marathon Oil Corporation's wholly owned subsidiary, Marathon Oil Gabon Limited, which holds a 56.25% working interest in three offshore production fields.
8:00 PM EST | September 30, 2009
Perenco Taps Fugro to Map Oil Pipeline Corridor in Peru
Perenco has awarded Fugro a contract to provide detailed topographic mapping of a proposed oil pipeline route in northern Peru.
8:00 PM EST | September 23, 2009
TSMarine Adds 5 Wells to North Sea Abandonment Program
TSMarine has secured a series of new contracts to add five new wells to its North Sea multi-client well abandonment program.
8:00 PM EST | June 14, 2009
Addax Snaps Up Potential Interest in Ogueyi License Onshore Gabon
Addax has agreed to fund an exploration well in the Ogueyi license area, onshore Gabon, with the potential to earn a 50% interest in the license area.
8:00 PM EST | May 13, 2009
Ecuador Will Not Confiscate Perenco's Oil Fields Over Tax Debt
Ecuadorean Oil Minister Derlis Palacios said Wednesday that the country will not seize the oil fields of French company Perenco over debts.
7:00 PM EST | March 03, 2009
PDVSA to Revamp Oil Ventures with Foreign Partners
PDVSA is restructuring its operations and will combine almost two dozen joint ventures with foreign partners into as many as six large companies.
7:00 PM EST | February 11, 2009
Expro Takes Delivery of E-Line, Logging Unit for North Sea Customers
Expro has taken delivery of the only e-line and logging unit of its kind in the North Sea which will shortly begin work for various customers in the UK sector of the North Sea.
7:00 PM EST | January 26, 2009
Mitsubishi Applies for Production Development at New Gabonese Oil Field
Mitsubishi Corp's West African subsidiary has discovered an oil field--the Loche East Marine field--in the Ebene license offshore the Gabonese Republic.
7:00 PM EST | January 25, 2009
TSMarine Wraps Up North Sea Multi-Client Well Abandoment Project
TSMarine has recently completed a multi-client well program for BP, Perenco and Tullow Oil to abandon four Category One suspended wells in the southern and central North Sea.
7:00 PM EST | November 09, 2008
Ecuador Eyes Temporary Oil Contracts
Ecuador's left-leaning president is seeking to increase state control of oil under the country's new constitution.
8:00 PM EST | April 13, 2008
Perenco Signs as Operator for 5 Exploration Licenses Offshore Brazil
Perenco has reported the signature as Operator of 5 Exploration licences in the deep water sector of the Espirito Santo basin of Brazil.
8:00 PM EST | March 17, 2008
Ecuador Reaches Agreements for 6 Out of 14 Oil Contracts
After a military ceremony, Chiriboga told reporters that those agreements are with four of the five companies involved in the negotiations to modify their contracts.
7:00 PM EST | February 26, 2008
Perenco Wins 5 Licenses in Recent Brazilian Auction
Perenco has been the successful bidder as Operator for 5 Exploration licenses in the recent Brazilian 9th Round of Licensing in partnership with OGX.
7:00 PM EST | December 02, 2007
Keppel Wins S$100 Million in Floating Production Conversion Work
Keppel Shipyard Ltd has been awarded two conversion contracts, worth a total of S$100 million, one by Prosafe Production Pte Ltd, and the other by Shipping Logistics Incorporated for a long term charter to Perenco S.A.
8:00 PM EST | September 25, 2007
Smaller Oil Companies Fuel UK's North Sea Revival
Tax changes and investment incentives are transforming the landscape of Britain's North Sea -- reinvigorating Europe's second-largest oil basin after Norway and raising hopes that its long decline may slow.
8:00 PM EST | September 24, 2007
Perenco Completes North Sea Acquisition
Perenco has completed the purchase of a number of produccing gas fields in the UK Southern North Sea from ExxonMobil in the form of asset acquisitions from Mobil North Sea Limited.
8:00 PM EST | August 29, 2007
Consafe Wins Contract from Perenco
Consafe have been awarded a GBP1.5 million contract by Perenco for a new 12-man living accommodation complex as part of the development program for the Trent gas production platform located in the Southern North Sea.
8:00 PM EST | August 08, 2007
EnCore Oil Says Cirrus Prospect Non-Commercial
EnCore Oil says the 48/22b-6 exploration well on the Cirrus prospect has reached total depth and logs indicate that the well is sub-commerical.
8:00 PM EST | July 01, 2007
EnCore: Drilling Begins at Cirrus
EnCore Oil plc said that the Global Santa Fe Labrador drilling rig has arrived on location in block 48/22b North in the Southern Gas Basin and has commenced drilling operations on the Cirrus prospect.
8:00 PM EST | May 28, 2007
EnCore Announces Asset Sale and Royalty Agreement with Perenco
EnCore Oil plc announced that, together with Petro-Canada UK Limited, the Company has entered into a sale and purchase agreement with Perenco UK Limited in relation to block 21/30S on license P.013 in the central UK North Sea.
8:00 PM EST | May 20, 2007
Weatherford to Carry Out Pre-Commissioning on Perenco's SEEG Project
Weatherford's Pipeline & Specialty Services group has been awarded a contract by Global Industries for the provision of Pipeline FCGT (flooding, cleaning, gauging and testing) services on the Perenco SEEG project, Gabon, West Africa.
8:00 PM EST | May 03, 2007
Perenco Expands Interest in Southern North Sea
Perenco has signed agreements with ExxonMobil to acquire the shares of Superior Oil (U.K.) Limited and certain assets of Mobil North Sea Limited in the UK sector of the Southern North Sea.
8:00 PM EST | April 17, 2007
Perenco Increases Stake in ONS Concession
Perenco has completed the acquisition of a further 50% interest in the Offshore North Sinai Concession (ONS) in Egypt through the purchase of Burlington Resources Egypt Limited from ConocoPhillips.
8:00 PM EST | April 03, 2007
Bridge Resources Closes Southern Gas Acquisition
Bridge Resources Corp. has acquired a 100% interest in blocks 48/21a and 48/21b in the Southern Gas area of the UK North Sea and a 3.0625% carried interest in Block 48/22b North from Century Exploration (UK) Limited and Warwick Energy Limited.
8:00 PM EST | March 11, 2007
Global Industries Wins Contract for Gabon Project
Global Industries, Ltd. said that its wholly owned subsidiary Global Offshore International, Ltd. received a letter of intent from Perenco Gabon S.A. to award a contract of approximately US $50 million for their SEEG Pipeline project.
7:00 PM EST | November 05, 2006
EnCore and Century Strike Asset Exchange Deal
EnCore Oil plc ("EnCore") on Monday entered into an Asset Exchange Agreement ("Agreement") with Century Exploration (UK) Limited ("Century").
7:00 PM EST | October 29, 2006
ANH to Award Niscota Oil Block September 12th
Colombia's hydrocarbons regulator ANH announced on Friday it would unveil the winner of the Niscota block oil E&P concession on September 12.
8:00 PM EST | September 10, 2006
Tax Authority Asks for US$15mn from Five Oil Companies
Venezuela's tax authority, Seniat, said local units of China's CNPC, Japan's Teikoku Oil, London-based Perenco and Norway's Statoil, plus a unit of state oil firm PDVSA owe it collectively more than 33bn bolivares (US$15mn).
8:00 PM EST | September 07, 2006