News and AnalysIs for

Now Part 4 of our ongoing series written by Leopoldo Olavarría and the team at Norton Rose Fulbright on the Agreement 2, the National Hydrocarbons Agency’s (ANH) rewrite of the rules for block assignment and contracting.

Now Part 4 of our ongoing series written by Leopoldo Olavarría and the team at Norton Rose Fulbright on the Agreement 2, the National Hydrocarbons Agency’s (ANH) rewrite of the rules for block assignment and contracting.

The union denounced the supposed abuses of Parex (TSE: PXT) and Top Drilling towards workers in Puerto Boyacá, and announced that it is discussing the creation of a single mining-energy union.

At an event hosted by consulting firm Willis Towers Watson, attorney Carlos Mantilla McCormick, expert on the Colombian energy sector, presented his vision on the Agreement 2.

The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for June. This metric is growing, despite low prices and social unrest.

This is the first time in over 4 years that there is nothing to report on the peace process. Our Managing Editor speculates on what that might mean.

With the aim of continuing to work for Casanare’s sustainable economic and social development, the Colombian Petroleum Association (ACP) represented by Francisco José Lloreda, and companies with operations in the region, attended a meeting with the Governor of the Department, Alirio Barrera.

Colombia’s Central Bank (Banrep) released 1H17 Foreign Direct Investment (FDI) figures for the country. This increased in the oil and mining sector compared to the same period last year, but total Colombia FDI decreased.

The National Hydrocarbons Agency (ANH) announced the date for a new Round, after postponing it a couple of weeks ago for bureaucratic reasons. There has not been a bid round since 2014.

The Colombian Association of Petroleum Engineers (Acipet) hosted a meeting where Martin Kaindl, Director of Institutional Relations of the Argentinean Institute of Oil and Gas (IAPG,) spoke about Argentina’s experience with non-conventional resources. HCC attended the event.