Article: Ecuador extends PetroOriental provisional contracts.

(ADPnews) - Aug 25, 2009 - Ecuador's state oil company Petroecuador yesterday extended by up to one year the temporary contracts with Chinese-owned oil company PetroOriental for the Ecuadorian blocks 14 and 17.

The contracts were signed for one year in August and September 2008 in line with Ecuador's efforts to renegotiate and replace the previous oil contracts. The idea was to sign new definitive contracts before the ...

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