Petroperú has initiated a key process to reactivate production in the country’s northern jungle. The state-owned oil company announced the launch of an international public tender to find a new strategic operator to jointly manage Block 192 , considered Peru’s most important oil field .
The move responds to the recent withdrawal of the Canadian company Altamesa from the consortium, which was formalized by Perupetro. Following this decision, Petroperú has been recognized as a corporate guarantor and is taking a leading role in structuring the new alliance.
Lot 192 as a high energy potential asset
Lot 192 , located in the Loreto region, has a cumulative historical production of more than one billion barrels of oil. This volume represents a fundamental component of the national energy economy and is key to the stability of domestic supply in the medium term.
Petroperú has emphasized that the new partner must be a company with proven experience in the hydrocarbon industry , capable of providing technology, operational efficiency, and a long-term vision. In this regard, the state-owned company has reported that it has already received interest from companies with extensive experience in the energy sector.
Contractual adjustments and next steps
In parallel, Perupetro will implement modifications to the current exploration and exploitation contract. These reforms will formalize both Altamesa’s exit and the inclusion of the new operator. The entire process is expected to be completed within a maximum of three months , according to estimates by Petroperú’s board of directors.
This action is part of the national strategy to recover productive capacity in areas with significant oil wealth. Through this call, the country seeks to strengthen its energy sovereignty and attract technical investment that will boost the reactivation of its main asset in the Amazon .
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Source and photo: Petroperú
