Weekly Report - 23 July 2015 (WR-15-29)

PERU | ‘Lot 192’ tender process. The tender process for the exploitation rights for the ‘Lot 192’ oilfield, located in Peru’s northern Amazonian region of Loreto, takes place on 23 July. ‘Lot 192’ is Peru’s largest active oilfield producing 12,000 barrels of oil per day (bpd), equivalent to a fifth of Peru’s national oil production. For the past 15 years it has been operated by Argentine firm Pluspetrol, but its 15-year exploitation contract is coming to an end and the government led by President Ollanta Humala launched a public tender process earlier in the year, looking to award a new 30-year exploitation contract.

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