The Oil & Gas Year Peru 2013
The year 2012 saw significant changes in Peru’s oil and gas industry including a new prime minister and the world’s first buoyant tower drilling and production platform. However, energy and transport infrastructure deficits and energy security remain serious issues.
The Oil & Gas Year Peru 2013 covers the highs and the lows of this momentous year. The incumbent Prime Minister Juan Jiménez Mayor is the former Minister of Justice and Human Rights, and he has targeted the restructuring of the country’s public administration for his term in office. The CX-15 offshore drilling platform delivered to the Corvina Field is only one new element in an exploration sector in need of improved technology. Oil production has been stable over the past 10 years but Peru’s potential remains to be fully exploited. Gas infrastructure projects are pending and hold the promises a new energy security and distribution in a country, which has suffered from a difficult geography and a lack of investment. The Oil & Gas Year 2013 covers the Who’s Who of an emerging market with dramatic potential for energy driven success.