Ecuador’s state-owned Petroecuador is seeking proposals from domestic and international companies interested in becoming a strategic partner in the rehabilitation, modernization, and integral operation of its 110,000-b/d Esmeraldas refinery on the Pacific Coast.
As part of the first-phase selection process, companies that wish to be considered as a potential strategic partner are to submit letters of interest (LOI) to Petroecuador between June 13-24 to receive a data pack containing relevant technical, economic, and legal information, the operator said in a release.
Parties interested in participating can send LOIs to [email protected].
Petroecuador said modernization and rehabilitation plans as part of the proposed partnership will involve construction and startup of a high-conversion unit to process residues currently produced at the refinery as part of the operator’s plan to improve fuel quality for the domestic market.
Further details regarding the planned strategic partnership and upgrading project were not disclosed.