The Colombian government has taken different measures to boost the sector’s reactivation. Experts spoke on the matter.
The National Hydrocarbons Agency (ANH) announced that it is working to adjust some of the sector’s rules, in an attempt to increase production.
The president of the National Hydrocarbons Agency (ANH), Luis Miguel Morelli, said that his team is working on getting foreign firms to invest in some of Colombia’s oil regions.
The development of offshore projects has generated high expectations in the country. Barranquilla’s Port Affairs Director, Jose Curvelo, spoke on the matter.
Ecopetrol’s (NYSE:EC) CEO, Felipe Bayón, spoke to El Espectador about fracking and the NOC’s plans abroad. Also, following the path of top global energy firms, Ecopetrol announced that it entered the renewable energy market.
The National Hydrocarbons Agency (ANH) will host the second auction of the Permanent Area Assignment Process (PPAA). The Sinú-San Jacinto (SSJ) basin generated great expectations in the sector.
Malaysia’s Petronas might work with Ecopetrol (NYSE:EC) in offshore projects in the Caribbean.
The NOC confirmed that it discovered crude in the Flamencos-1 well, located in Puerto Wilches (Santander).
The Colombian Chamber of Goods and Services (Campetrol) reported its drill rig information for September 2019. Working and contracted rigs increased compared to same period last year.
The Colombian Petroleum Association (ACP) announced the advances and perspectives for oil and gas exploration in 2019, with little positive results.
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