Peru calls for bids on jungle blocks

Peru
Last week, Peru’s government called for bids on six new hydrocarbons exploration blocks in country’s eastern jungle regions, the first time new blocks have been licensed in the jungle since 2008.

The blocks to be licensed are 187 in the Madre de Dios Basin, 164 and 199 in the Loreto Basin, and blocks 169, 175, 189 and 195 in the Ucayali Basin, Peruvian state hydrocarbons licensing agency Perupetro announced.

Companies will be allowed to present bids until May, and Perupetro will announce a decision on August 28, Perupetro head Luis Ortigas said in a press conference on Monday. Ortigas added that at least 10 companies from the US, Canada, Russia and Latin America have already shown interest in the blocks.

Recent Posts

ExxonMobil closes acquisition of Pioneer, creating Permian powerhouse

ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More

1 hour ago

BP-Eni joint venture Azule enters Namibia’s Orange Basin

Azule Energy and Rhino Resources will enter a strategic farm-in agreement for Block 2914A located in Namibia's offshore Orange Basin,… Read More

3 hours ago

Chariot starts gas drilling campaign in Morocco

Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More

7 hours ago

Touchstone acquires Trinidad E&P player Trinity

Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More

17 hours ago

ExxonMobil “optimistic and pushing forward” with Mozambique’s Rovuma LNG

ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More

24 hours ago

SLB OneSubsea, Subsea7 sign long-term deal with Equinor

SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More

1 day ago

This website uses cookies.