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What do we do with end-of-life oil wells? A company unknown to the general public specializes in buying them inexpensively in order to exploit them to the last drop. Why such discretion?
What happens to oil drilling once the giants of the sector no longer want it? What do we do with wells at the end of their life? A company specializes in buying them back cheaply in order to exploit them to the last drop. Its name: Perenco. At its head, a Frenchman, François Perrodo, classified by the magazine Challenges 19th fortune in France with 6 billion euros.
A thriving and very secret company …
The company is in flourishing health and yet it is completely unknown to the general public. Why such discretion? How does it manage to be so profitable? We have obtained the exceptional authorization to film on one of its offshore platforms off the North Sea. Investigation of a top secret company.
An investigation by Louis Milano-Dupont, Giona Messina and Frédérique Prigent broadcast in “Further investigation” on October 21, 2021.
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– Figures from the IOGP (International Association of Oil & Gaz Producers): Safety performance indicators – 2020 data – fatal incidents reports
– The report from Ineris (National Institute for the Environment and Risks) on accidents related to the exploitation and exploration of hydrocarbons.
– The CCFD-Terre Solidaire report on the impunity of the Perenco oil group in the Democratic Republic of the Congo.
– The DRC Senate report produced by the Commission of Inquiry into the Pollution Caused by Oil Exploitation in Muanda, published in October 2013 and not available online.
– The Perenco website.
– Perenco’s 2019 extra-financial report.
Non-exhaustive list.