The USO was rather quiet this week, focusing instead on a member assembly on Friday, June 20th to socialize, discuss and approve the demands it will take to the negotiation table with Ecopetrol (NYSE:EC).
Ecopetrol (NYSE:EC) held workshops and drills with municipalities, civil defense authorities, firefighters and health officials to implement and certify its contingency plan along the security-challenged Coveñas/Caño Limón Pipeline.
The week after President Juan Manuel Santos was reelected, ensuring continuity of the current strategy in the Farc and now ELN peace talks, security incidents near oil and gas infrastructure went down to 26 this week, below recent and long-term averages.
The Colombian Petroleum Association (ACP) head Alejandro Martínez was interviewed by well-known journalist Salud Hernández. With retirement from the ACP coming in August, Alejandro is taking of the kid-gloves.
Year-to-date May 2014 results for kilometers of seismic and numbers of exploratory wells show improvement over 2013 but are not on track to meet government objectives.
Major changes are taking place in the NOC’s organization, at least on paper, moving some power away from the presidential suite.
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