Overview
- The government published supreme decrees authorizing Perupetro to execute 30-year licenses for Lots I and VI, naming Inexport Servis S.A.C. & Alpha Integral Service E.I.R.L. for Lot I and Inventa Energy Perú S.A.C. & Sparrow Hills Perú Block VI S.A.C. for Lot VI.
- Perupetro has signed the Lot I contract with the Inexport Servis/Alpha consortium, while the Lot VI agreement remains unsigned, with the agency already in possession of the area and personnel on site awaiting formal transfer.
- Petroperú’s temporary operating contracts expired this week, raising the risk of a shutdown that experts said would require stopping wells and equipment if new contracts were not in force.
- Moving the fields to private operators will cut Petroperú’s rental income and limit access to low-cost crude, with additional uncertainties around other assets such as offshore Lot Z-69.
- The initial winning bidder, La Ponderosa, was disqualified after findings by the Comptroller’s Office, leading Perupetro to advance the second-place consortia.