It has been nearly 20 months since the announcement of the first deep water discovery in the Colombian Caribbean at the Orca-1 well, and the discovery is now going through another level of technical evaluation to determine its potential.
Ecopetrol (NYSE:EC) president Juan Carlos Echeverry took to the press to talk about the NOC’s plans and challenges in the Rubiales field, and addressed other big issues like the Propilco sale, Bioenergy, and more
Ecopetrol has announced that two of its high executives will swap roles. Thomas Rueda, current president of the NOC’s transportation firm Cenit, will take over as president of the Ocensa pipeline, while the pipeline’s president, Luisa Fernanda Lafaurie, will take the Cenit role.
We are learning from Hydrocarbons Mexico that when one company, especially the NOC, dominates completely the industry, the news is all about them.
I have to admit it’s getting better (Better) / A little better all the time (It can’t get no worse) – Lennon-McCartney
Gran Tierra (TSX:GTE) says that it has closed a US$525M deal for PetroLatina Energy, as it consolidates its position in Colombia and in the Middle Magdalena basin.
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