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Ecuador Political News

PetroAmazonas steadies drillbit on lean purse: CEO- Argus Media


“We have no choice but to be more efficient,” said Bermeo, who took office on 3 February in place of Lenin Pozo.

PetroAmazonas accounts for around 80pc of the former Opec country’s wellhead crude production, which fell to 514,000 b/d in January from 524,000 b/d in December, according to regulatory data.

Bermeo, who previously served as vice minister of hydrocarbons, says he is encouraged by the company’s performance under difficult fiscal and social conditions.

To read the full article on Argus Media, click here.


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