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Peru: Petroperú calls for tender to find an operating partner for lot 64
Monday, December 2, 2024 - 18:45
Foto Reuters

The state oil company estimates an initial production of 10 thousand barrels of oil per day.

On November 29, Petroperú launched a call for tenders to find a strategic partner to assume the role of operator of Lot 64, located in the Datem del Marañón district in the Loreto region, which has 55 million barrels of light oil reserves discovered in the Situche Central field.

According to Petroperú, initial production is estimated at 10,000 barrels of oil per day.

Petroperú currently holds a 100% stake in the license contract for the exploration and exploitation of hydrocarbons and is willing to cede part of its stake in said contract to an operating partner for the development of the lot.

The strategic location of Lot 64, close to the North Peruvian Pipeline, offers significant advantages for the efficient transportation of crude oil to Bayóvar, optimizing logistics costs and strengthening integration with Petroperú's operations.

Furthermore, the project could generate important synergies with nearby heavy crude oil producing lots, maximizing the use of resources and contributing to the sustainable energy development of the region.

In parallel, Petroperú has begun the process of preparing the Environmental Impact Study (EIA) for the development of Lot 64, complying with the highest sustainability standards.

This process has terms of reference and a Citizen Participation Plan already approved by the National Environmental Certification Service for Sustainable Investments (Senace), ensuring responsible and transparent environmental management, in harmony with local communities and the natural environment.

The submission of documentation for the evaluation of the oil company will take place on March 24, 2025, and the offers will be announced at a public event on April 14, 2025 with the consent of a notary.

This call for tenders is part of Petroperú's vertical integration strategy, which aims to guarantee sustainable crude oil production in the lots it operates directly or in association with strategic partners.

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