“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
5°1'38"S
11°34'18''E
Founding spirit
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.
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.
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.
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.
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.
- Passion
- Responsibility
- Courage
- Integrity
- Humility
- Confidence
- Optimism
“We take ownership of every single aspect of every project we work on. It's what drives us every day. It’s our DNA.”
Paul Lende, Production Manager
“We can be bold because we act responsibly. Being responsible means being committed."
Blood Dombi Tchiappy, Production Technician
“Our innate spirit goes far beyond a slogan at Perenco. We move forward, driven by our curiosity and inspired by our creativity."
Maria-Victoria Bernal Ramirez, Administrative Manager
“Our partners know we act with integrity, wherever we are and whatever the situation. That’s why they rely on us."
Alexandra Bembatoum, Legal Manager
“We know one size doesn't fit all, which is why we’re known for our made-to-measure solutions. We rework, redesign and review constantly."
Francisco Ochoa Natareno, Operations Manager
“We create value where others have moved on. So we do, and think, differently. That means being creative."
Christopher Smith, Offshore Safety Technician
“The Perenco method consists of thinking “How can we do this?” when others haven't found it."
Hong Thong Dang, Chief Operations Geologist
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.
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.
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.
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.
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.