Ecuador is chasing private oil investment under Noboa, with companies bidding for Amazon blocks and a US$41.5 billion multi-round plan. What is at stake.
Ecuador · Energy
Key Facts
Target Ecuador aims to attract up to US$41.5 billion in private oil-and-gas investment under a multi-round plan unveiled in 2024.
Bids On July 16, 2026, Orion Energy and Gente Oil submitted offers for Amazon blocks Tetete Sur (Block 95) and Lumbaqui (Block 11).
Timeline Technical evaluation runs late July 2026, with contract signing slated for December 2026 and handover in January 2027.
Con el contrato de participación, la operadora privada asume el riesgo de la inversión para el desarrollo del bloque.
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