Perenco appoints oil and gas industry veteran as new CEO
(WO) – The Perenco Group announced a change to its organization with the appointment of Armel Simondin as the new CEO of Perenco SA, effective March 15, 2024.
Armel has extensive experience in the oil and gas industry, having spent the first part of his career with Total (now “Total Energies”) before joining Perenco in 2011. His latest position within Perenco has been General Manager of Perenco Cameroon, prior to which he served as the Group’s Drilling Manager.
Perenco SA has grown significantly in the last eight years under the management of Benoît de la Fouchardiere. The company has developed original knowledge of marginal and mature fields to a broader spectrum, encompassing all activities from exploration to decommissioning. Perenco has developed specific know-how through every step of the value chain through proprietary techniques or in collaboration with its affiliate, Dixstone, which is charged with delivering all oil and gas services (including drilling, logging, pipe laying, platform design and construction, yard management and decommissioning).
Benoît de la Fouchardiere will join the Board of Perenco Group and take the lead of Dixstone.
François Perrodo, Chairman, commented, “It has been a long journey since 2016, when I appointed Benoît as CEO. We successfully steered the company together through challenging times such as the lower Brent price environment and pandemic, to make the Group stronger than ever with an all-time high in 2P reserves, safety records, exploration success and project backlogs, including the flagship Cap Lopez LNG project. 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.”
Founded thirty years ago, Perenco is an independent hydrocarbon producer involved in the entire lifecycle of projects, from exploration to decommissioning. Gross production is over 510,000 boed.
