Royal Dutch Shell to Withdraw from Development of Three Natural Gas Projects in the Caribbean Waters of Colombia
The British energy corporation Royal Dutch Shell has announced its withdrawal from participation in three offshore natural gas projects located in the Caribbean Sea off the coast of Colombia, which were being developed in partnership with the state-owned company Ecopetrol. This was reported by Reuters based on official statements issued …
A Well Will Be Drilled on the Colombian Shelf at a Record Depth of 4 km
Oil companies plan to drill an offshore well in Colombia at a record depth within a few months. Occidental Petroleum and Ecopetrol want to build the Komodo–1 well by the end of the year at a depth of about 3,900 meters. It will break the current record for drilling depth …
Colombia Reaches 800 Thousand Barrels of Oil Production Per Day
Already in May, oil production in Colombia could reach 800 thousand bpd compared to last year’s level of 777 thousand. Oil production in Colombia is approaching the 800 thousand bpd mark, although the Andean country is trying – not without obstacles – to switch to renewable energy sources. Bogota could …
Offshore Gas Production in Colombia Attracts Oil and Gas Majors
British Shell and Brazilian Petrobras have shown interest in expanding their participation in gas production projects on the shelf of the Latin American country. Shell and Petrobras are ready to work in Colombia even though the country’s current president wants to abandon fossil fuels and has stopped issuing new licenses …
Brazilian Petrobras Changes its Mind About Selling 44% Stake in Promising Offshore Gas Project
Brazilian state oil company Petrobras has abandoned a plan to sell its 44% stake in a promising offshore gas project on the Tayrona block, 32km off the coast of Colombia, which it shares with Colombian Ecopetrol, Reuters reported, citing a statement by Petrobras’ director of production development on energy conference …