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Chile State Oil Firm to Buy Ecuador Assets

Summary by The Rio Times
Chile's state oil firm ENAP will buy Pluspetrol Ecuador, which holds an interest in Block 10, for a US$207 million base price. Closing needs approvals.

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The agreement provides for the purchase of 100% of Pluspetrol Ecuador, which has a stake in block 10.

·Guayaquil, Ecuador
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The Empresa Nacional del Petróleo (Enap) announced this Monday that its subsidiary Enap Sipetrol S.A. signed a contract to acquire 100% of Pluspetrol Ecuador B.V., a company with participation in block 10 (located in the province of Pastaza), for a base price of US$207 million. Thus, “Strengthening the security of energy supply ... Continue reading “Enap buys oil operation in Ecuador for more than 200 million dollars”

·Concepción, Chile
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This is one of the largest overseas operations of the state oil company.

·Las Condes, Chile
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The international subsidiary of the Chilean state oil company signed a contract to acquire 100% of the asset that operates block 10 in Pastaza, an operation that seeks to increase by 26% its daily production in Ecuadorian territory and ensure the supply of crude oil to its refineries. The Chilean National Oil Company (Enap) announced [...]

The Empresa Nacional del Petróleo (Enap) announced that its subsidiary Enap Sipetrol S.A. signed a contract to acquire 100% of Pluspetrol Ecuador, a company with participation in block 10 (located in the province of Pastaza), for a base price of 207 million dollars.

·Mexico City, Mexico
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El Periodista Online broke the news on Monday, October 19, 2026.
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