PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 10.Apr.2026, Words: 300) — The head of Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) Roodal Moonilal signed agreements to effect amendments to the production sharing contracts for blocks 2(c) and 3(a) with Perenco Trinidad and Tobago Limited. This milestone […]
Tag: Perenco
Petrobras concludes transfer of Cherne and Bagre fields to Perenco
SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 4.Aug.2025, Words: 271) — State-owned Petrobras concluded the transfer of its 100% participation in the Cherne and Bagre fields, located in shallow waters in the Campos basin, to Perenco PetrĂłleo e Gás do Brasil Ltda. In Brazil, Perenco has been operating […]
EAI brief: Woodside says Calypso JV continues to review development options
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 23.Jul.2025, Words: 162) — Woodside Energy said the Calypso joint venture (JV) continues to review development options. The Australian company also said on 23 Jul. 2025 in its quarterly financial press release that the concept select engineering studies and subsurface studies […]
MEEI ministers respond to reports of a ‘sick out action’ at Teak, Saman and Poui fieldsÂ
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 17.Jul.2025, Words: 269) — Ministers at Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) reinforced the call for health, safety and the environment (HSE) protocols to be observed throughout the twin-island country’s energy sector. The announcement was made by […]
MEEI says Perenco’s acquisition of Woodside’s assets reflects “strong investor confidence”
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 11.Jul.2025, Words: 320) — The Trinidad and Tobago government welcomed completion of Perenco‘s acquisition of the Greater Angostura producing crude oil and natural gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago. With the transaction, Perenco has […]
bpTT, Perenco and Woodside Energy confirm commitments in Trinidad and Tobago
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 729) — Officials from Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI), headed by Roodal Moonilal and  Ernesto Kesar, meet with executives from bpTT, Perenco and Woodside Energy to discuss issues around the 3 companies commitments and plans. […]
Perenco finds more gas in Onyx field offshore TrinidadÂ
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 15.May.2025, Words: 624) — Perenco T&T Limited successfully drilled the Onyx well and sidetrack in the eastern part of the Onyx field. The 2 legs encountered significant columns of natural gas in 2 separate geological compartments. The subsurface information is currently under […]
Trinidad’s MEEI Says Woodside-Perenco Angostura Deal a “Very Positive Development”
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.Mar.2025) — Trinidad and Tobago continues to work closely with energy sector stakeholders Woodside Energy and Perenco, according to Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI). This, after Woodside announced an agreement with Perenco to divest its Greater Angostura […]
Woodside inks deal to divest Greater Angostura assets in Trinidad to Perenco for $206mn
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 28.Mar.2025, Words: 403) — Woodside Energy entered into an agreement with French company Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206mn. The divestment is inclusive of Woodside’s interest in the shallow water Angostura and Ruby offshore […]
5 IOCs in Trinidad Responsible for 32% of Sep. 2024 Oil and Condensate Output
(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) — Crude oil and condensate production in Trinidad and Tobago averaged 54,154 barrels per day (b/d) in Sep. 2024, up 5.6% sequentially compared to 51,260 b/d in Aug. 2024, the Ministry of Energy and Energy Industries (MEEI) announced in its most recent ‘Consolidated Monthly […]
bpTT to Divest Fields to Perenco, Refocusing Gas Business
(bp, 2.Sep.2024) — bp Trinidad and Tobago (bpTT) has entered into an agreement with Perenco T&T to divest its Immortelle, Flamboyant, Amherstia and Cashima offshore gas fields and associated production facilities. The agreement also includes the undeveloped resources from the Parang field. bpTT operates, and currently is the sole owner in each of […]
Petrobras’ Executive Board Approves Sale of Stake in Cherne and Barre Fields
(Petrobras, 17.Apr.2024) — Petrobras said its Executive Board approved the sale of its entire stake in the Cherne and Bagre fields, located in shallow waters in the Campos Basin, to Perenco PetrĂłleo e Gás do Brasil Ltda. Production from the two fields was interrupted in March 2020 and the respective […]
Eni Completes Sales of Some Congo Assets to Perenco
(Eni Spa, 12.Mar.2024) — Eni announced the closing for the sale to Perenco of Eni participation interest in several upstream permits in Congo, non-core to the company strategy in the Country, after having obtained the approval of relevant authorities. The transaction is consistent with Eni’s strategy to focus its Upstream […]
Further SNS Gas Gains from Perenco’s Ravenspurn Fields
(Perenco, 5.Mar.2024) — Perenco UK announced the successful start-up of gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea (SNS). During Q4 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48m water depth, delivering […]
Perenco Brazil Announces First Oil to FSO Pargo
(Perenco, 19.Dec.2023) — Perenco Brazil announced that first oil to the Floating Storage and Offloading (FSO) vessel, “FSO PARGO”, has been successfully received following issuance of all operational licensing from the Brazilian regulatory authorities earlier in Dec. 2023. The vessel’s operational start-up is the culmination of significant workstreams from Perenco’s […]
Perenco Congo and Congorep Complete Seismic Campaign
(Perenco Congo, 2.Nov.2023) — Perenco Congo and Congorep, the joint venture company between Perenco and SociĂ©tĂ© Nationale des PĂ©troles du Congo (the national petroleum company of the Republic of Congo, SNPC), both major players in hydrocarbon production in the Republic of Congo, are pleased to confirm they have completed a successful 3D seismic acquisition […]
Perenco and Bloom Energy to Deploy Oxide Fuel Cells
(Bloom Energy, 7.Jun.2023) — Bloom Energy (NYSE:BE) has signed an agreement with Perenco to install 2.5 megawatts (MW) of Bloom’s solid oxide fuel cells at a site in England. Perenco is a leading independent hydrocarbon company, producing 500,000 BOE of oil and gas per day from its operations in 14 partner […]
Start-up of Natural Gas Power Generation at Moundou Power Station
(Perenco, 31.Jan.2023) — PetroChad Mangara (PCM), Perenco’s wholly owned Chad subsidiary, is proud to announce the start-up of natural gas generated power at the Moundou Power Station in Chad. Seven months after Perenco entered Chad as operator of the Badila and Mangara fields in the Doba Basin in southern Chad, […]
![Perenco CEO Benoît de la Fouchardière Talks Trinidad [Q&A]](https://energy-analytics-institute.org/wp-content/uploads/2020/12/perence-platform-trinidad.jpg)
Perenco CEO Benoît de la Fouchardière Talks Trinidad [Q&A]
(Energy Analytics Institute, 30.Jul.2021) — Perenco’s CEO, BenoĂ®t de la Fouchardière responded to questions from Energy Analytics Institute (EAI) about its operations in Trinidad and Tobago. What follows are highlights of the exchange. Perenco’s vision in Trinidad and Tobago Perenco operates production of 450,000 equivalent oil barrels per day (boepd) […]
Perenco To Compensate Workers In Quarantine
(Trinidad and Tobago Newsday, 26.Dec.2020) — Perenco TT Ltd has assured that it has and will continues to fulfil its contractual obligations to its workforce, and that all personnel will be compensated for their quarantine periods. A press release from the company on Christmas Day stated, “Perenco remains fully committed […]
Trinidad Co. Shuts Offshore Platforms Over Covid-19
(Trinidad Guardian, 23.Dec.2020) — Perenco Trinidad and Tobago Limited yesterday shut down COVID-hit offshore platforms in its Teak, Samaan and Poui fields and transported all workers to either state facilities or other locations for quarantine pending testing. This after Health Minister Terrence Deyalsingh reportedly intervened in the matter following continuing […]
Total Gabon Divests Mature Non-Operated Assets
(Total, 30.Jul.2020) — Total announces that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operatorship in the Cap Lopez oil terminal. The transaction remains subject to approval by the Gabonese authorities. […]
Ecuador Crude Pipelines Brace For Further Erosion
(Argus, 8.Jun.2020) — State-owned PetroEcuador restarted the 360,000 b/d Sote crude pipeline today after completing a second bypass. Heavy rains ruptured the line in early April and caused erosion around a series of rivers in San Rafael on the border between Napo and Sucumbios provinces. The two bypasses, one of […]
British Firms Among Bidders For Petrobras Oilfields
(Reuters, 19.Dec.2019) — Anglo-French firm Perenco, UK-based Trident Energy and Premier Oil Plc are among the companies examining the purchase of a cluster of Petrobras oilfields in Brazil known as Polo Garoupa, seven told sources told Reuters in recent weeks. The deliberations are preliminary, and it is possible none of […]
Damages Awarded To Perenco For FET Breach In Ecuador
(Institutional Institute for Sustainable Development, 17.Dec.2019) — A long-standing tribunal under the France–Ecuador BIT has issued its final award on compensation. The award orders Ecuador to compensate oil and gas investor Perenco Ecuador Limited (Perenco) almost USD 449 million for Ecuador’s imposition of a 99 per cent windfall profit tax […]
Perenco Acquires Three Fields In The Campos Basin From Petrobras
(Petrobras, 28.Nov.2018) — Petrobras signed with Perenco the contracts for the full sale of Petrobras’ stake in the fields of Pargo, Carapeba and Vermelho, the so-called Polo Nordeste, located in shallow waters off the coast of Rio de Janeiro state. The Assets The Pargo field was discovered in 1975, and […]
Gazprombank Says No Role In Venezuela Graft Case
(Reuters, Alexandra Ulmer, 2.Nov.2018) — Russian bank Gazprombank on Friday said it had no role in a Venezuelan corruption case at state energy company PDVSA. Abraham Ortega, a former financial executive at PDVSA, accepted $5 million in bribes to favor a French oil company and a Russian bank, U.S. prosecutors […]
Exclusive: Perenco, Gazprombank Named In Venezuela Graft Case – Source
(Reuters, Alexandra Ulmer, 1.Nov.2018) — Anglo-French oil company Perenco and Russian financial firm Gazprombank have been identified in testimony by a former Venezuelan state oil company official who said he received millions of dollars in bribes in return for giving them preferential treatment, a source with knowledge of the matter […]
Petrofac Completes Sale Of 49% Interest In Mexican Operations
(Petrofac Limited, 19.Oct.2018) — Petrofac Limited announces that it has completed the sale of 49% of the company’s operations in Mexico to Perenco (Oil & Gas) International Limited, following approval from the Federal Competition Commission of Mexico (COFECE). Related Stories https://energy-analytics-institute.org/petrofac-introduces-partner-in-mexico/ *** #LatAmNRG
Petrofac Introduces Partner In Mexico
(Petrofac Limited, 30.Jul.2018) — Petrofac Limited signed an agreement to sell 49% of the Company’s operations in Mexico(1)(2), including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) International Limited (“Perenco”). The transaction is subject to approval by the Federal Competition Commission of Mexico (COFECE), which is expected in Q4 […]
TT’s Energy Landscape
(Trinidad and Tobago’s Newsday, Richardson Dhalai, 10.May.2018) — Trinidad and Tobago has been involved in the petroleum sector for over 100 years and is the largest oil and natural gas producer in the Caribbean. However, by the early 1990s its hydrocarbon sector moved from being primarily an oil-based economy to […]
ICSID Orders Ecuador Pay ConocoPhillips $380 Mln
(ConocoPhillips, 8.Feb.2017) – ConocoPhillips’ wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the International Centre for the Settlement of Investment Disputes (ICSID), for Ecuador’s unlawful expropriation of Burlington’s significant investment in breach of the U.S.-Ecuador bilateral investment treaty. […]