Bloomberg News

PetroEcuador Hires WorleyParsons to Design Refinery, Dow Says

February 24, 2012

Feb. 24 (Bloomberg) -- PetroEcuador hired Australia’s WorleyParsons Ltd. to design a refinery, Dow Jones said, citing the state-run oil company’s Chief Executive Officer Marco Calvopina.

The contract for the Refineria del Pacifico is worth about $240 million, the news service said today, citing Ecuador’s Minister of Non-Renewable Natural Resources Wilson Pastor. The government is still seeking partners to fund construction of the refinery, the newspaper said.

PetroEcuador couldn’t immediately confirm the story, said a press officer, who asked not to be named because of internal rules.

--Editors: Will Wade, Jasmina Kelemen

To contact the reporter on this story: Nathan Gill in Quito at ngill4@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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