PERUVIAN E&D AIMING TO GET OFF HIGH CENTER

State owned Petroleos del Peru is likely to sign 12 oil exploration contracts with private companies this year, the most since the peak days of the 1970s. That's the view of Peruvian Minister of Energy and Mines Fernando Sanchez, who adds a proviso: if there is enough time to process them all. In other Peruvian upstream action, a Mobil Corp. unit is preparing to resume work in Peru's Huallaga basin. In addition, Occidental Petroleum Corp. has offered an infill program to boost

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