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Panama call to overhaul hydrocarbons framework draws single bid

Bnamericas Published: Thursday, May 12, 2022
Panama call to overhaul hydrocarbons framework draws single bid

One offer was submitted in the tender launched by Panama’s government to modernize the regulatory and institutional framework of the hydrocarbons sector.

The bidder was Consorcio D&E-HNA, comprising Bogotá-based companies Delvasto & Echeverria and HNA Ingenieria, according to procurement information. A decision is expected this month.

The eight-month contract includes preparing a diagnostic of the country’s current hydrocarbons market to include the upstream, midstream and downstream sectors, and presenting a roadmap proposal.

The overhaul aims to consolidate a competitive institutional model, strengthen information and digitization systems, and boost technical capacity, among other things.

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