Colombia targets 3Bboe increase in oil reserves over the next 20 years
By 2040, the country plans to award 200 blocks to potential firms, and drill 800 wells.
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Colombia signs offshore exploration contracts with Occidental subsidiary
The four blocks, which would cost $1.4bn, are located off the La Guajira, Magdalena, and Atlantico provinces.
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Colombia to divest stake worth $3.58bn in ISA to Ecopetrol
The proceeds will be used by the South American country to overcome the financial crisis and further energy transition.
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Noble Energy chooses Maersk Valiant for work in offshore Colombia
Hydrocarbon exploration firm Noble Energy has contracted drilling rig operator Maersk Drilling’s seventh-generation drillship Maersk Valiant to work offshore Colombia.
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Noble Energy buys 40% stake in Shell’s Colombian offshore blocks
US firm Noble Energy has acquired a 40% participation stake in two offshore oil exploration and production contracts in Colombia…
Colombia and Ecopetrol sign $250m agreement for Block COL-5
The Colombian National Hydrocarbons Agency (ANH) and Ecopetrol have signed a $250m offshore exploration and production agreement for the Block…
Russia and Colombia post highest number of discoveries in Q4 2018
A total of 23 oil and gas discoveries were made in Q4 2018 globally.