Posts Tagged ‘Ecopetrol’

Ecopetrol to develop Colombia East Cano Sur heavy crude oil field

Ecopetrol to invest $6.5 billion in exploration-production In 2014, the Colombia national oil company (NOC) Ecopetrol SA (Ecopetrol) has announced to invest more than $6.5 billion capital expenditure into exploration and production including the development of the East Cano Sur heavy crude oil field in Puerto Gaitan. Overall, Ecopetrol is […]

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Ecopetrol and major companies to prospect shale gas in Colombia

Canacol, ExxonMobil, Nexen, Shell lead exploration The national oil company Ecopetrol invites international oil companies such as Canacol, ExxonMobil, Nexen, Shell for partnership to explore and develop shale gas in Colombia. Ecopetrol is owned at 88.5% by the Colombian Government while the remaining shares are floated at the Bogota and New […]

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