Independent hydrocarbon producer Perenco has boosted its production rate in the Republic of Congo to 80,000 barrels per day (bpd), following a $300 million investment into its Congolese operations.
Looking forward, the company aims to achieve 100,000 bpd by 2025 through expanded activities and investments in new oil fields.
To increase output, Perenco has employed advanced techniques to revive aging wells and tap into previously untapped reserves.
In March 2024, the company strengthened its position by acquiring noncore mature assets from Eni, which it has integrated to optimize production further.
Operating in the Republic of Congo since 2001, Perenco manages key assets, including the Emeraude, Likouala, and Yombo fields, as well as the La Noumbi FPSO unit and the Pointe-Noire Grand Fond Sud concession.