About us

We are a company of Graña y Montero Group. We were created in 1984 and we belong to the Infrastructure Business Area.

Our interest is focused on searching investments and infrastructure operation in the industry of oil, gas, chemicals, energy, among others. We have national and international experience operating our own infrastructure and for third parties for almost three decades.

Nowadays, GMP makes its own operations of oil and gas exploration and production at the Northeast of Peru. We are the owner and operator of an associated natural gas processing plant where we also commercialize LPG and solvents; we operate nine storage terminals for liquid hydrocarbons strategically located throughout the national territory.

Our growth strategy consists on investing in infrastructure business, at national and international level, that can give us fixed flows at a long term in order to take advantage from the integration and synergies generated in all the value chain where the companies of Graña y Montero participate.


Graña y Montero work style: How and why do we do things?

Since our beginning, in 1933 when our founders decided to join together in order to "combine knowledge to perform any work", Graña y Montero Work style was there.

Values such as Quality, Compliance, Reliability and Efficiency as well as the strategies outlined by the organization do not arise from chance or a short-term perspective; they arise from the principles or foundations of a great collective work called Graña y Montero. In a style that allows us to get closer to our purpose of being "the most reliable Infrastructure and Engineering Services Group in Latin America".

The following has always been present in the Graña y Montero´s history: passion for learning, respect and commitment to people and their knowledge, responsible autonomy as well as a great ability to anticipate the challenges of the future and respond to the expectations of our clients, employees and other stakeholders.

Graña y Montero is a history consistent with its values and commitment with society. The continuous effort to be useful to society has always been present by transcending from ethics and example, doing things with a close and horizontal leadership, creating confident relations and generating wellbeing to the society from our businesses.

The Graña y Montero Work Style shows how we do things but also why we do these things. We believe that our work style is what differentiates us from other companies and what has been the basis for reaching 82 years successfully.

Graña y Montero Work Style

History

1984

Graña y Montero Petrolera (GMP) was founded in 1984. That same year, Graña y Montero S.A. was granted the license for Mechanical Maintenance and Production Maintenance of field at Lake Zapotal so GMP S.A. started rendering services to Graña y Montero S.A. to perform such agreement. These services started in April 1985 and they were in force up to December 1990, in addition to new services.

1990

In 1990, GMP signed an exploration contract in Carpitas – Zorros block in Tumbes. One of the obligations was to make seismic and to drill wells. In order to accomplish this obligation, GMP conducted 300 kilometers of 2D seismic and geochemistry by drilling five exploratory wells from which X-2 well reached 12 thousand feet in depth.

1993

Due to the opening of the privatization process in 1993, GMP won the service agreement to operate Block V in Talara. That same year, GMP bought two drilling equipments to Petroperu: equipment Nº 8 with a depth of 6 thousand feet and equipment Nº 10 with a depth of 14 thousand feet.

1994

In August 1994, GMP won the services agreement to operate Block I in Talara.

1998

In February 1998, Consorcio Terminales (a company formed by GMP and Oiltanking GmbH, a German company) started its logistic operations for liquid hydrocarbons on the Coast and on the Highlands of the country by operating the Port Terminals of Eten, Salverry, Chimbote, Supe, Pisco, Mollendo, Ilo, Juliaca and Cusco.

2000

In 2000, it was formed Compañía Logística de Hidrocarburos Boliviana (a company created in Bolivia by GMP and Oiltanking GmbH) as a result of the privatization of the system of liquid fuels pipeline transportation by the Bolivian State (1500 km of pipelines) and of the reception, storage, dispatch facilities for liquid fuels (19 plants in total). The pipeline system dispatched until 20,000 barrels per day and the storage facility dispatched around 40,000 barrels per day until year 2008 when the Bolivian State expropriated assets and took control again of the business through YPFB.

2004

Pisco-Camisea Port Terminal. In 2004, through an international tender made by Pluspetrol, GMP and Oiltankimg obtained the operation of Pisco-Camisea Port Terminal located at 4 kilometres from the Coast where Propane, Butane, Diesel and Naphtha are loaded.

2006

Pariñas and Verdum Gas Plants. In 2006, GMP bought Pariñas Natural Gas Processing Plant and the Verdun NGL Fractionation Plant from the Spanish company EEPSA.

2007

LQS. In 2007, it is formed Logística de Químicos del Sur (LQS), a company formed by GMP, Oiltanking, GmbH and Santa Sofia Puertos in Matarani.

2008

The New Pariñas Gas Plant. In 2008, it is built the new natural gas processing plant of Pariñas in Talara. The plant was placed into operation in 2009.

2013

TGNCA, October 17, GMP signed a Public-Private Partnership Agreement denominated Transportadora de Gas Natural Comprimido Andino (TGNCA by its Spanish acronym) for widespread use of natural gas in Abancay, Andahuaylas, Huamanga, Huanta, Huancavelica, Jauja, Cuzco, Juliaca and Puno. Such agreement has three main obligations: construction and operation of a Compressor Station, CGN transportation or virtual gas pipeline to all stations, construction and operation of service stations.

2014

Terminales del Peru. In September 2, it is started the administration and operation of 5 terminals of Petroperu in the North and Central zones of the country. The Port Terminals are Eten, Salaverry, Chimbote, Supe and Callao, respectively.

2015

Blocks III and IV. In April 5, it is started the operation of two new Licence Agreements for Exploitation of Hydrocarbons in Blocks III and IV. Both agreements last 30 years.

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