August 15, 2018 |
Ecuador's Petroamazonas has signed services contracts with four companies for oil and gas blocks that require roughly $727m in investments over the next three years.
Triboilgas won the contract for the Blanca-Vinita block, which currently has an average output of 800 barrels of oil per day (bbls/day). Vinccler and Arotekh were awarded contracts for the Oso and Yuralpa blocks, which currently have an average output of 13,000 bbls/day and 5,000 bbls/day, respectively.
Avanzia netted the contract f
Ecuador's oil company awards four agreements that could generate $727m of investments over the next three years