SK Energy wins right to develop ‘promising’ Peru offshore oil field

SEOUL (AFP) – SK Energy, South Korea’s largest oil refiner, said Sunday it had won a bid to develop a “very promising” oil field in Peru’s offshore Trujillo basin.

The company, formerly known as SK Corporation, said in a statement that it had won a 100-percent stake in the Peru Offshore Block Z-46 in a bidding round sponsored by Peru’s oil licensing company Perupetro.


“We are very pleased to have won the new block in Peru,” SK Energy President and CEO Shin Heon-Cheol, said.

“Considering its proximity to major oil production sites in Peru, and a number of discoveries in the region, Block Z-46 looks very promising,” he said.

AFP