ECUADOR'S 7TH EXPLORATION BID ROUND UNDER WAY

Petroecuador by mid-1994 will begin awarding production sharing contracts (PSCS) for tracts covering 8 million acres offered in Ecuador's seventh international tender for oil and gas exploration acreage. The bidding round is the first since Ecuador in October 1993 introduced legal reforms intended to end Petroecuador's domination of petroleum development in the country and attract more private investment to Ecuador's upstream (OGJ, Nov. 9, 1993, p. 23).

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home