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Concessions

Parex and ECP agreement

The oil sector continues to announce agreements to encourage the exploration and production of oil and gas in the country, with the Colombian authorities’ support. The National Hydrocarbons Agency (ANH) announced a new agreement between Parex (TSX: PXT) and Ecopetrol (NYSE: EC).

Tuesday, April 2nd, 2019
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Permanent bidding process – Overview and commentary

One of the biggest changes by this new government has been finally launching the new Permanent Bidding Process. Originally announced in September 2015, it would be an understatement to say this has had a long gestation period. But it has finally arrived. We asked Marianna Boza and the team at Brigard Urrutia to give our readers an overview.

Monday, April 1st, 2019
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“This is definitely a great opportunity for Colombia”: ACP

The National Hydrocarbons Agency (ANH) announced the official launch of its Permanent Competitive Process. Here is what the industry has to say about it.

Wednesday, February 27th, 2019
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ANH’s Permanent Competitive Process

The National Hydrocarbons Agency (ANH) hosted an event to announce the official launch of its Permanent Competitive Process. HCC was there.

Friday, February 22nd, 2019
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ANH on Permanent Competitive Process

The National Hydrocarbons Agency (ANH) announced measures on the Permanent Competitive Process (PPAA), which has generated expectations among the companies of the oil sector.

Wednesday, February 6th, 2019
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Colombia to offer offshore blocks

Colombia to offer offshore blocks

The Colombian government wants to reactivate hydrocarbons exploration and production as soon as possible. Luis Miguel Morelli, President of the National Hydrocarbons Agency (ANH), spoke about the offshore blocks, new regulation and other key issues for the industry.

Tuesday, February 5th, 2019
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ANH to offer oil blocks

Colombia has not had oil rounds for several years, which has affected the sector’s outlook for the medium and long term. However, the National Hydrocarbons Agency (ANH) plans to offer new areas in the coming weeks.

Monday, January 7th, 2019
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Hydrocarbons E & P Model Contract for Offshore Areas

A few weeks ago, the National Hydrocarbons Agency (“ANH”) published its new model contract for offshore exploration and production activities.  Although some parameters are specific to offshore, others reflect how the Agency’s thinking has evolved since 2014, the last time it held a block auction to award offshore areas. Norton Rose Fulbright Colombia’s oil & gas team volunteered to write this summary.

Monday, July 9th, 2018
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“Permanent round” on temporary (permanent?) hold

With less than two months left in this government, the most important measure from the package announced in September 2015 is not going to happen. The bureaucrats have effectively killed the idea of permanent block assignments by avoiding doing anything before time expired.

Thursday, June 7th, 2018
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New oil producing region?

New oil producing region?

The National Hydrocarbons Agency (ANH) plans to carry out a new oil auction scheme to increase exploration and production in the country. This has generated expectation in investors, since it opens the possibility of exploring new areas in the country with great potential.

Monday, June 4th, 2018
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