Since Perenco was founded by Hubert Perrodo in 1975, the company has diversified to become the leading independent oil and gas company in Europe today. The company produces 465,000 boepd through its drilling, development and operations, thanks to its onshore and offshore presence in 14 countries.
An activity for the future
Decommissioning represents a real challenge for the future as more and more fields will be affected. Perenco has made its reputation and success by challenging exploitation on marginal wells where larger companies are not as efficient.
Decommissioning is for Perenco a new opportunity to develop its know-how, to show its capacity to create value and to perfect coherence with the founding spirit of the company, i.e. to create alternative, innovative and perennial models.
Integrating the decommissioning activity also represents a real opportunity for employees who are looking for technological challenges with an environmental scope. Drilling engineers, project or production engineers are involved.
Our decommissioning achievements in the North Sea
Perenco is a globally recognised company, able to work anywhere in the world. Since 2003, Perenco has been present in the North Sea, where four decommissioning projects have been undertaken, out of which two are still in progress: Welland (2010-2016), Thames (2013 -2018), Tyne and Guinevere (2019), Pickerill A & B forecast for 2020.
Perenco has operated in compliance with all applying rules and costs, from preparation stage to operational realisation and liquidation, and with all the necessary documentation as well.
A key component of Perenco’s success since its creation has been to personally operate its own assets. Tomorrow, our success will also partly depend on the company’s ability to decommission them.