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Condor advances toward Peru offshore licence after PERUPETRO qualification
8:19am on Wednesday 14th of October, 2026 AEDT
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Oil and Gas
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Condor advances toward Peru offshore licence after PERUPETRO qualification
8:19am on Wednesday 14th of October, 2026 AEDT
Key Points
Formal PERUPETRO qualification for proposed Block Z-72 licence
Direct negotiations to cover exploration and exploitation terms
Final execution remains subject to government approvals and agreed conditions
Tumbes Basin contains 1 Tcf of contingent gas resources
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