The Colombian Caribbean region has high expectations about the benefits of the offshore industry. German Espinosa, President of the Colombian Chamber of Goods and Services (Campetrol) talked about challenges to supply operations.
Over the past few weeks, there has been a considerable change in the government’s public declarations about the industry.
USO reported that after Razón Pública newspaper published the article titled “Ecopetrol, 2003-2017: bankruptcy induces privatization?” The NOC sent a letter to the journalist Libardo Sarmiento, author of the publication.
Through its Energy4me program, the Society of Petroleum Engineers (SPE) went to Putumayo and, with Ecopetrol’s (NYSE:EC) support, started a campaign to educate people with real facts, about the real impact of oil activities in their territories.
Claudia González, director of the National Authority for Environmental Licenses (ANLA) gave a positive outlook forthe industry’s situation in Colombia.
National authorities reported the seizure of more than 3,000 gallons of fuel in the departments of Nariño, Norte de Santander, Arauca and Meta. The development of these and other stories in our periodic Security summary.
Ecopetrol (NYSE: EC) announced a cut in the budget of its investment plan for 2017. The firm did not give many details about this decision.
The National Planning Department (DNP) announced that there are almost CoP$12T accumulated in royalties budget all over Colombia, but departments have already started to present projects in different areas to the Collegiate Bodies for Administration and Decision (OCAD.)
America’s Hupecol asked for more than CoP$83B as compensation for the abrupt cancellation of the license it had in the Sierra de La Macarena.
The offshore industry is preparing to start operations in Colombia and local authorities in Cartagena announced that a gas exploration platform is ready to start working in the country. There are high expectations in the cities of the Colombian coast about the offshore sector’s benefits.
2025, Hydrocarbons Colombia, All Rights Reserved.
