“What we want to prove is the possibility of injecting CO2 from either a transportation condition, which is high pressure and liquid, into the depleted reservoir, which is very low pressure."
The North Sea Transition Authority (NSTA) has fined Perenco £225,000, the highest ever financial penalty handed out by the body, over excess gas venting.
Perenco has outlined its plans for two new UK carbon capture and storage (CCS) projects, Poseidon and Orion.
New research has cast light on the top companies commanding the majority of the UK's North Sea production and spending.
The search for a missing offshore worker remains ongoing following a fatal fire at a Perenco-operated oil platform in Gabon.
An offshore worker remains missing following a fatal fire on a Perenco-operated oil platform which killed five people in Gabon.
A fire has broken out on a Perenco oil platform off the coast of Gabon, leaving five people dead and another missing.
Perenco has announced a decommissioning milestone after completing a plug and abandonment (P&A) campaign on three subsea wells at the Gawain field.
Perenco has increased its SNS production by 20%.
OPRED said Perenco failed to comply with commitments to fix the issue in 2022 and 2023
Perenco has begun drilling an appraisal well in Gabon, close to its shallow water Hylia South West discovery from December 2022.
“Another chapter starts now with its own challenges. We will never stop to rest on our laurels and we regularly need to reinvent ourselves by injecting new energy.”
Perenco UK has announced a near-field discovery at the Ravenspurn South field, located approximately 40 miles off the coast of Flambrough Head in Yorkshire.
“If nothing is done … ONEP will use all legal means, including a strike”, officials said.
Sumitomo Corporation subsidiary SEEL agrees farm-in for 50% share of Carbon Catalysts 20% interest in the CS017 and CS018 licences, subject to regulatory approval.
The problem is that the rate at which Bowleven is using cash will see it run out “most likely before summer 2024”.
The company completed the well in the summer. The HYSM-01 well is now producing 3,000 bpd of oil.
The Perenco SHARP development in the Southern North Sea has been running 18 months behind schedule, a project partner has reported.
Perenco confirmed on Thursday that it had secured two further carbon storage licences, building on the permit it announced earlier this week.
Oil and gas firm Perenco has been hit with a trio of safety improvement notices over the state of one of its Southern North Sea platforms.
Perenco announced it has secured a licence as part of the UK’s carbon storage round, enabling its Poseidon carbon capture and storage project to proceed.
Perenco has announced key milestones in its SHARP project, designed to add 10 more years of life to Southern North Sea gas developments.
“Thanks to our proven know-how and the use of innovative solutions, Perenco has once again demonstrated its ability to transform previously untapped deposits into sources of vital energy production.”
Eni reports production from 18 blocks, of which it operates 12 – with 10 offshore and two onshore. In the upstream, its focus is around the deep waters off Pointe Noire and, onshore, in Koilou.
Perenco has started up four new wells in Congo Brazzaville, on the Boatou permit.