Guatemala: Only One Tender for Oil Exploration
Only one company, Empresa Petrolera del Istmo, presented a bid to operate the Rubelsanto, Chinajá, Caribbean and Tierra Blanca oil fields.
Monday, April 27, 2009
The tender to operate the field for a period of 25 years is the first of 12 blocks to be implemented in the coming months.
Starting yesterday, and for the next 15 years, the company will operate the oil fields located in Rubelsalto, Guatemala.
Exploration rights for the petroleum fields of Rubelsanto, Chinajá, Caribe and Tierra Blanca was granted to Petrolera del Istmo, S.A. with a 25-year period.
"Rubelsanto", "Tierra Blanca", "Caribe" and "Chinajá Oeste" oil fields will be exploited for 25 years by Petrolera del Istmo.
Upon the success of the operating contract by the business Perenco, the Department of Energy and Mines reported that the public noticing process has been opened.
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