President Álvaro Uribe (2002 to 2010) had only two Minminas: Luis Ernesto Mejía and Hernando Martínez. President Juan Manuel Santos (2010 to 2018) had seven. He also had six Ministers of Environment and five ANH Presidents. Would the industry be in a different place today if President Santos had shown the same consistency as President Uribe?
According to the head of the National Hydrocarbons Agency (ANH), Orlando Velandia, the country is preparing changes to its bidding process, aiming to increase investment and find new reserves.
Amerisur Resources Plc provided an update on operations in Colombia, after a technical review of well performance. The firm highlighted good advances in civil works in the Platanillo and CPO-5 blocks.
The union talked about the new list of petitions that was sent to Ecopetrol (NYSE: EC), to start negotiations on the new Collective Labor Agreement.
From time to time, we like to look around the Latin American region and see how Colombia compares to its main rivals. This week Denton’s Jorge Neher takes a look at the off-again / on-again love affair between Ecuador and the oil industry. It seems like the mutual affection is on again and there are interesting opportunities.
The NOC spoke about ‘Pionero 500’; the new technology that can potentially change offshore activities in Colombia.