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Peru’s Lote VI Deal Expires as Perupetro Turns to Third Bidder; Protest Threatens Lote 8

Perupetro enforced tender rules, directing evaluation to SPT Energy following a denied extension request.

Overview

  • Perupetro confirmed the Lote VI license went unsigned by the November deadline, keeping the Talara field shut after Petroperú’s temporary contract ended on October 22.
  • The agency will assess SPT Energy within up to 20 business days, noting its offer for 87 workovers, 252 development wells and 39 exploratory wells beyond the minimum program.
  • Talara’s business chamber reports more than 400 jobs lost and increasing vandalism and theft at idle Lote VI facilities.
  • In Loreto, FECONAMACH announced protests from November 13 and warned of a shutdown at Lote 8’s Estación 1 unless state consulta previa commitments advance; Upland says the demands are directed at the State and cites over 80% local hiring at Yanayacu.
  • Minem set a multisector table for Lote 192 remediation and said Perupetro will coordinate with Petroperú to speed operator selection, while Petroperú hired Plus Tasa to appraise 55 nonessential properties for sale through ProInversión.