Since the end of 2011, WPI has benefited from three primary and eight complementary contracts, totaling USD 227.5 million. This amount places it as the second contractor of one of the emblematic projects of the citizens’ revolution, after the South Korean company SK Engineering & Construction, which benefited from contracts worth USD 760 million.
The signing of the first agreement (No. 2011030), on November 14, 2011, for the control and management of this project was witnessed by Marcelo R., Refining Officer and who is investigated for alleged embezzlement, and Wayne Montgomery, former representative of the foreign firm.
The award was made directly, without a public tender, for USD 38.6 million. WPI was set up as a company in Ecuador, according to the Superintendence of Companies, 11 days after the signing of the contract.