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Petroperú Relaunches Global Tender for Overhaul, Sets December Deadline

The restart follows a voided first round after most bids failed on technical thresholds, with the lone compliant offer exceeding the reference budget by 17%.

Overview

  • In Communiqué No. 040-2025, Petroperú said a second call will open in the second half of November and must conclude in the third week of December without extensions.
  • The initial Proceso por Competencia Internacional drew five proposals; four were disqualified in the technical review and the remaining offer surpassed the Monto Estimado Referencial by 17%.
  • The transformation mandate stems from Emergency Decree No. 013-2024, which requires experience in debt restructuring, creditor negotiations, operational turnaround and governance reform under MEF and MINEM oversight.
  • Reporting indicates the Arthur D. LittleDLA Piper consortium was the only bidder to reach the economic evaluation before being rejected for price, a detail the company has not officially named.
  • Sector sources warn that fiscal uncertainty and unresolved governance issues, including a contested board removal, could deter international participation and strain the tight year-end timetable.