
For the First Time in 30 Years. An Oil Field Was Discovered on the Shelf of the Democratic Republic of Congo
Muanda International Oil Company (MIOC, a subsidiary of the Anglo-French Perenco) has explored oil deposits on the continental shelf of the Democratic Republic of the Congo (DRC). This was reported by the Perenco press service. This is the first success in geological exploration on the shelf of an African country …

Petrobras Ceded Its Entire Stake in the Cherne and Bagre Fields in the Campos Basin to Perenco
Brazil’s largest state-controlled oil and gas company, Petróleo Brasileiro SA (Petrobras), said it has signed contracts to cede its entire stake in the shallow-water Cherne and Bagre fields in the Campos Basin to one of the largest independent oil and gas companies, Perenco Petroleo e Gás do Brasil Ltda (Perenco). …

Perenco Refused To Join The Project In Cameroon With The Participation Of Lukoil
Another shareholder of the project, the British Bowleven, began negotiations with the joint venture partners on an updated work plan for the field. The Anglo-French company Perenco refused to buy New Age’s share in the Etinde oil and gas project in Cameroon, in which the Russian Lukoil participates. This was …