Century Group (CG) Rises as Leading Indigenous Owner/Operator of FPSOs in Sub-Saharan Africa

In a strategic move that underscores its commitment to excellence and innovation, Century Group (CG) has emerged as a trailblazer in the energy sector.

CG’s journey to the forefront of the industry has been marked by a demonstration of unparalleled capacity and a commendable risk appetite, contributing significantly to its diversified experience profile across various energy market segments.

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CG’s expertise and operational excellence in managing complex offshore assets have solidified its position as the leading indigenous owner/operator of three FPSOs in Sub-Saharan Africa. However, CG’s contribution extends beyond mere ownership. The company offers comprehensive infrastructure operation and management support to clients’ production facilities, further cementing its status as a key player in the global energy arena.

A key highlight of CG’s success story is its pioneering adoption of a risk service contract model. Under this innovative approach, CG invests between $20-$40 million in contractor services for each asset it oversees, showcasing its substantial “skin in the game.” This model not only demonstrates CG’s confidence in its capabilities but also aligns its interests closely with those of its clients, ensuring mutual success and growth.

As CG continues to push the boundaries of innovation and efficiency in the energy sector, it stands as a beacon of indigenous excellence, setting new standards for operational excellence and client satisfaction in Sub-Saharan Africa’s energy industry.