Perenco UK has acquired a 50% non-operated interest in the Blythe and Elgood gas fields, located in the UK Southern North Sea, from CalEnergy.

This acquisition strengthens Perenco UK’s portfolio in the Southern North Sea and reinforces its long-term commitment to sustainable energy production and the continued optimisation of mature offshore assets. The Blythe and Elgood fields form part of the Saturn Banks area, a key UK gas hub with access to existing infrastructure and proven production capacity.

“The Blythe and Elgood acquisition marks another important step in Perenco’s strategy to invest in resilient, infrastructure-led gas developments in the UK,” said Richard Kendrick, General Manager of Perenco UK. “By leveraging our operational experience and proven efficiency in the Southern North Sea, we will ensure these fields continue to deliver reliable, low-carbon gas for the UK market.”

Following completion, Perenco UK and its partner will jointly focus on optimising production and extending field life through targeted investment and the application of proven brownfield expertise.

KeyFacts Energy: Perenco UK country profile