Republic of Congo: Perenco Reaches 80,000 BPD Production Milestone
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Independent hydrocarbon producer Perenco has achieved a production rate of 80,000 barrels per day (bpd) in the Republic of Congo, achieved through a $300 million investment into it’s Congolese operations. Looking ahead, Perenco aims to reach 100,000 bpd in 2025 through expanded operations and investments in new oil fields.
To enhance production, Perenco has implemented advanced techniques for reviving aging wells and accessing untapped reserves. In March 2024, the company acquired noncore mature assets from Eni, integrating them into its portfolio to optimize output.
Since 2001, Perenco has been active in the Congo, primarily operating the Emeraude, Likouala, and Yombo fields, as well as the La Noumbi FPSO unit and the Pointe-Noire Grand Fond Sud concession.