PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1717367
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1717367
Block X lies in a mature hydrocarbon area located in the Talara basin in northwest Peru. The area requires a large number of wells to maintain production. The fields were mainly developed by Petrobras Energia. The company divested its Peru assets in 2013 to CNPC and PetroChina. A bidding round was held in March 2024, and the consortium formed by Offshore International Group INC, Aguaytia Energy del Peru S.R.L. and Termoselva S.R.L was the winner.