Petroecuador launches auction to ramp up offshore gas output

June 9, 2022
EP Petroecuador, through this bidding process, requires selecting a strategic partner to develop Block 6 in the Gulf of Guayaquil.

Offshore staff

QUITO, Ecuador — EP Petroecuador, through this bidding process, requires selecting a strategic partner to develop Block 6 in the Gulf of Guayaquil, off western South America.

The public company seeks to increase the production of the Amistad Field and maximize the recovery factor of its deposits in this block.

Phase 1 of the bidding process starts June 13 with the receipt of letters of interest until June 24 from companies that wish to participate in the process.

A data pack containing technical, economic and legal information will be made available to the participants.

The production of The Amistad Camp is approximately 24 MMscf/d.

06.09.2022