The Inspector General Office announced an investigation on Komodo X-1 suspension.
Ecopetrol (NYSE: EC) President Ricardo Roa recently addressed concerns surrounding the Komodo-1 well and its exploration status, countering recent media reports that suggested a permanent halt.
A Colombian tribunal revived the drilling of Uchuva 2, a critical natural gas well, while mandating consultation with Indigenous communities in Taganga, Magdalena, who may be affected by the project.
Seven years ago, Colombia celebrated what was hailed as the country’s largest natural gas discovery in four decades.
Nelson Castañeda, president of the Colombian Chamber of Oil, Gas, and Energy Goods and Services (Campetrol), outlined five key pillars that the industry hopes to implement in collaboration with the government and local authorities.
Colombia’s energy future may be on the cusp of a significant boost, thanks to the largest gas discovery in the country’s history.
Colombia announced its largest natural gas discovery in three decades, a find that could double the nation’s reserves and sustain its gas supply for up to 40 years.
The recent court decision to suspend natural gas exploration at the Uchuva 2 well, operated by Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) in Colombia’s Caribbean waters, will be implemented gradually, according to the judge’s clarification.
The recent suspension of activities at the Uchuva 2 gas well in the Tayrona Block raised significant concerns about Colombia’s energy security.
The Colombian Association of Oil and Gas (ACP) and the Colombian Association of Natural Gas (Naturgas) expressed their concern about the Santa Marta Court decision that orders the suspension of natural gas exploration activities in the Uchuva-2 well.