Further to DEA 18 May â18, Tullowâs award of 5 offshore blocks was reportedly cancelled by the govt of President Vizcarra yesterday on grounds that his predecessor had awarded the permits before resigning and inadequate consultations with local communities. Blocks involved are Z-64 through Z-68, WD 50-3,500m (DEA 10 Jan â18). Tullow is considering its next move.
The new president of Peru has repealed five offshore oil contracts include Z-64, Z-65, Z-66, Z-67 and Z-68 awarded in March to Tullow Oil.