Acquisitions and Divestitures News in Peru

Peru Block XXI - Relinquishment and Release of Guarantee Bond
6/9/2022 - Further to the Company's announcement of 19 April 2022, Baron Oil), is pleased to announce the relinquishment of its legacy Licence Block XXI in Peru and the release and successful return of its US$16...
Baron Oil Requests Relinquishment of Licence Block XXI, Peru
4/19/2022 - Baron Oil, the AIM-quoted oil and gas exploration company, announces that, through its fully owned subsidiary, Gold Oil Peru SAC, it has requested the relinquishment of its legacy Licence Block XXI in...
PetroTal Announces Three-Year Arrangement with Petroperu
6/12/2020 - PetroTal Corp. (TAL) (AIM: PTAL) (“PetroTal”) is pleased to announce that it has entered into an arrangement with PETROPERU S.A. (“Petroperu”). ...
Sempra Energy Announces Agreement to Sell Stake in Luz del Sur in Peru
9/30/2019 - Sempra Energy (SRE) has entered into an agreement to sell its equity interests in its Peruvian businesses, including its 83.6% stake in Luz del Sur S.A.A. (Luz del Sur), to China Yangtze Power Interna...
Peru President Cancels Tullow's Offshore Oil Contracts
5/23/2018 - The government of Peruvian President Martin Vizcarra canceled his predecessor’s decision to award five offshore oil contracts to London-based Tullow Oil PLC shortly before resigning, citing insufficie...
Karoon Farm-out to Tullow 35% of Block Z-38, in Peru
1/10/2018 - Karoon Gas Australia Ltd (KAR) is pleased to announce the farm-out of a 35% interest in offshore exploration Block Z-38, Tumbes Basin Peru to Tullow Peru Limited, a wholly owned subsidiary of Tullow O...
Decision to Relinquish Block Z-34 Peru
11/10/2017 - Baron Oil PLC announces that at an Operating Committee Meeting in Lima on 9 November 2017 those parties entitled to vote made a unanimous decision to relinquish Block Z-34, offshore Peru, and so notif...
Gran Tierra Announces Agreement to Sell Peru Business
11/9/2017 - Gran Tierra Energy Inc., a company focused on oil and gas exploration and production in Colombia, is pleased to announce that it and its indirect wholly-owned subsidiary, Gran Tierra Energy Internatio...
Union Oil Relinquish Block 183 in Peru
9/26/2017 - The board of Clontarf Energy (CLON) have been informed that Union Oil (the 80% owner of the concession) have returned to the Peruvian Authorities the licence held on Block 183. They gave as their rea...
New Auction for Peru South Gas Pipeline Project
1/23/2017 - The government of Peru said that it will not compensate an Odebrecht-led consortium for investments made in a $5 billion natural gas pipeline project after it rescinds the contract over a missed finan...
Odebrecht Ready to Return $5 B Pipeline Contract to Peru
1/20/2017 - A consortium controlled by Brazilian builder Odebrecht S.A. will miss a financing deadline on Monday for a natural gas pipeline project in Peru and awaits government notification that it will lose the...
GeoPark Announces Morona Block Approval in Peru
12/1/2016 - GeoPark Limited (GPRK) announced it has obtained final regulatory approval for its acquisition of the Morona Block in Peru. ...
Peru Considers Rescinding Odebrecht's Pipeline Contract
11/19/2016 - Peru is considering rescinding Odebrecht SA's $5 billion natural gas pipeline contract after the Brazilian company's attempt to sell its majority stake in the project got snagged on corruption concern...
Duke Energy Completes Exit of International Business in Deals Valued at $2.4 Billion
10/10/2016 - Duke Energy has reached an agreement to sell its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise v...
Baron Oil Receives Presidential Approval for Farmout of Block Z-34 to Union
7/26/2016 - The Board of Baron is pleased to announce that the outgoing President of the Republic of Peru has signed the Supreme Decree with respect to the assignment of a 30% interest in Block Z-34 from Baron's ...
Antilles Amends Block 105 Farm-in Agreement with Union Oil and Gas Group
5/25/2016 - Antilles Oil and Gas has amended its farm-in agreement with Union Oil and Gas Group in relation to its Block 105 onshore Peru project. ...
Repsol Agrees to Sell its LPG Business in Peru & Ecuador to Abastible for $335m
Repsol Agrees to Sell its LPG Business in Peru & Ecuador to Abastible for $335m 4/20/2016 - Repsol has entered into an agreement with the Chilean company Abastible to sell its LPG (Liquefied Petroleum Gas) businesses in Peru, for 980 million Peruvian soles, and in Ecuador, for 33 million dol...
Baron Oil Extend the Licence Period for Block XXI
3/7/2016 - The Board of Baron Oil plc is pleased to announce that the recently acquired 2D seismic data on the 100% owned Block XXI onshore Peru has been processed by GSS and analysed by the company and its cons...
Petroperu Modifying Contract with GeoPark to Win Government Approval
11/17/2015 - Peru's state-run energy company, Petroperu, said Tuesday that it was modifying its contract with GeoPark Limited on the joint development of a promising oil block in order to win the finance ministry'...
Grana y Montero Participate in Peruvian Southern Gas Pipeline
9/29/2015 - Grana y Montero S.A.A. announced that after signing a Memorandum of Understanding with Odebrecht Latinvest, Grana y Montero Group agreed to participate with a 20% stake in the shareholder equity of Co...

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