Latest news with #Dixstone
Zawya
03-07-2025
- Business
- Zawya
Perenco's $2 Billion Cap Lopez Liquefied Natural Gas (LNG) Project Signals Gas-Led Growth in Central Africa
Positioning natural gas at the center of its growth strategy, independent oil and gas company Perenco is driving one of Central Africa's most ambitious energy developments through the Cap Lopez LNG terminal in Gabon – a flagship project set to come online in 2026. Situated at the existing Cap Lopez oil terminal, the $2 billion initiative will introduce a floating LNG (FLNG) vessel designed to monetize the country's offshore gas reserves and reduce gas flaring. Following completion, the project is expected to serve as a catalyst for energy diversification and broader economic growth in the country. Marking Gabon's first large-scale gas development following a final investment decision in 2024, the project signals a major step forward for regional energy security and industrialization. Currently under construction in Dubai, the FLNG unit will boast a production capacity of 700,000 tons of LNG and 25,000 tons of LPG annually, supported by storage infrastructure capable of holding 137,000 cubic meters. In support of this venture, engineering and construction company Technomak recently signed an agreement with Dixstone – a Perenco affiliate – for the integration of the offshore FLNG barge. Perenco is a Gold Partner at this year's African Energy Week (AEW): Invest in African Energies in Cape Town. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. The project forms part of a broader energy strategy being implemented by Perenco in Africa. In the Republic of Congo, the company continues to expand its upstream footprint with the commissioning of the Kombi 2 platform on the Kombi-Likalala-Libondo II permit. Currently under construction by Dixstone at the Nieuwdorp shipyard in the Netherlands, the platform is scheduled to depart in October and enter into operation offshore Pointe-Noire by early next year. With an estimated investment exceeding $200 million – and forming part of broader developments nearing $900 million – the project includes new drilling phases, infrastructure upgrades and the optimization of existing wells. The Kombi 2 platform will feature an integrated wellbay module to accommodate new wells, aiming to unlock an additional 10 million barrels of oil equivalent, with targeted output gains of 4 million cubic feet per day. Power generation for the platform will be supported by dual gas turbined linked to a 33-kV electrical hub, reinforcing Perenco's commitment to operational efficiency and sustainable resource development in Congo. On the exploration front, Perenco continues to cement its role as a premier independent in Africa's energy landscape through a robust portfolio of upstream and gas infrastructure developments across the continent. In early 2024 an appraisal well in Gabon spudded near the Hylia South West discovery revealed substantial oil-bearing columns in the Ntchengue Ocean reservoir and reinforcing the potential of the lower Madiela carbonate formation. In Cameroon, the company launched its inaugural gas-to-industry project in July 2024, supplying 3.5-6.5 million cubic feet per day of natural gas from the Sanaga South field to the Keda tile factory via a 6-km pipeline – a milestone following its 9.9% equity acquisition in offshore operatory Golar LNG a month earlier. These initiatives underscore Perenco's integrated energy strategy, with the company's participation as a Gold Partner at AEW: Invest in African Energies 2025 set to showcase their strategic role in shaping Africa's energy future through large-scale gas monetization, infrastructure expansion and frontier exploration. Taking place in Cape Town from September 29 to October 3, 2025, the event promises to shine a light on these transformative projects and drive high-level dialogue on investment, innovation and sustainable development in Africa's oil and gas sector. Distributed by APO Group on behalf of African Energy Chamber.
Yahoo
16-06-2025
- Business
- Yahoo
Perenco Congo invests in new Kombi 2 platform
Perenco Congo has announced an investment in the construction of the Kombi 2 platform to be installed on the Kombi-Likalala-Libondo II (KLL II) permit offshore Congo. The construction of the platform, including upcoming drilling phases, represents an investment of more $200m (£147.21m). The Kombi 2 platform is currently being built by Dixstone at the Nieuwdorp shipyard in the Netherlands. The platform is designed to recover approximately seven million cubic feet of gas per day, which will contribute to reducing the carbon footprint and optimising resource use. Additionally, it will generate electricity through two gas turbines connected to a 33kV electrical hub and enhance surface treatment to develop an additional ten million barrels of reserves. The platform is scheduled to leave the Netherlands in October 2025 and become operational in Pointe-Noire by early 2026. Perenco CEO Armel Simondin said: "This project demonstrates a solid, lasting partnership built on mutual trust. For over 20 years, Perenco has been working alongside the Republic of Congo to develop the country's resources while strengthening infrastructure, local expertise and energy sovereignty.' The project follows the renewal of the Ikalou II and Likouala II permits for an initial 20-year period, aimed at strengthening Perenco's presence in Congo. The renewal facilities a broader $900m investment plan comprising work-over campaigns, development drilling and the installation of advanced infrastructure. Perenco Congo's long-term vision supports the growth of the Congolese oil sector and aligns with the Congolese authorities' ambition for national production to reach 500,000 barrels of oil equivalent per day by 2030. Perenco Congo managing director Stéphane BARC added: "Kombi 2 is fully in line with our commitment to performance, operational safety and environmental responsibility. This new milestone demonstrates our ability to combine technical innovation, compliance with the most demanding standards and a direct contribution to the country's development." "Perenco Congo invests in new Kombi 2 platform" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
