Abstract

ARAUZ-JARAMILLO, Luis. Análisis sobre la renegociación de contratos prestación de servicios a participación. Figempa [online]. 2020, vol.10, n.2, pp.12-15. ISSN 2602-8484.  https://doi.org/10.29166/revfig.v1i2.2457.

The renegotiation of the oil contracts from Participation to Provision of Services, were signed at the beginning of 2011 for a term that varies from 5 to 18 years depending on the case. The Companies that renegotiated the Contracts were: Andes Petroelum Ecuador Ltd., Petrooriental S.A., AGIP, ENAP-SIPEC, PETROBELL, PEGASO Consortium, PETROSUD, TECPECUADOR and REPSOL. The renegotiated rates based on an equivalent rate in USD/Bl ranged from 15.47 to 71.00 USD/Bl and a global average of 33.09 USD/Bl. The new renegotiated rates vary from 16.72 to 58.00 USD/Bl and a global average of 31.84 USD/Bl, with committed Investments of 1,385 MMUSD and a reference WTI Price of 90.00 USD/Bl.

Keywords : renegotiation; contracts; provision of services.

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