Search results for: Ecopetrol

89 results

A list of search results

  • 8 October 2014
    Business & Finance, Equipment

    Ross Offshore AS has announced a contract award with the Colombian national oil company, Ecopetrol. The contract consists of total well management of Molusco 1 in RC-9, area hired with the Colombian national oil agency ANH by Ecopetrol and India’s ONGC, in front of La Guajira. This well is part of Ecopetrol’s exploration and development […]

  • 26 June 2012
    Business & Finance

    Colombia’s largest oil company, Ecopetrol S.A., placed the most competitive bids in 6 blocks in the “Central Planning Area Lease Sale 216/222” round through its U.S. affiliate (Ecopetrol America Inc.) held in New Orleans as was disclosed by the Bureau of Ocean Energy Management (BOEM), the governmental authority in charge of the process in the […]

  • 27 January 2016

    Colombian oil company Ecopetrol S.A. has established a new subsidiary which will be responsible for its offshore operations. More precisely, Ecopetrol’s subsidiary Hocol Petroleum Limited, has formed the offshore exploration firm Ecopetrol Costa Afuera Colombia S.A.S. The new company will be responsible for offshore exploration and production activities in Colombia, which are currently being carried […]

  • 27 April 2016
    Business & Finance

    Colombian oil company Ecopetrol has slashed its investment plan for 2016, in the wake of low oil prices. In a statement on Wednesday, Ecopetrol said it was cutting its investment plan from $4.8 billion to a range between $3 billion and $3.4 billion. The company said the move was a part of the measures taken […]

  • 29 July 2015
    Project & Tenders

    Ecopetrol S.A. has informed that at a depth of 3720 meters, the Kronos-1 well verified the presence of hydrocarbons in ultra-deepwater of Colombian south Caribbean area. According to Ecopetrol, this discovery proves the geological model proposed for an unexplored area with high hydrocarbon potential. Kronos-1 is located in block Fuerte Sur, 53 kilometers (33 miles) […]

  • 18 August 2017
    Business & Finance

    Colombian oil and gas company Ecopetrol has named Felipe Bayón Pardo as the company’s new president during a meeting held on August 16. Ecopetrol said that Bayon, an executive VP, took the president role from Juan Carlos Echeverry Garzón who resigned from the position due to family reasons. The company added that the transition in […]

  • 31 March 2014
    Business & Finance

    Ecopetrol S.A. announces that its U.S. affiliate (Ecopetrol America Inc.) placed the most competitive bids for 11 blocks in the “Central Planning Area Lease Sale 231” round held in New Orleans on March 19, as disclosed by the Bureau of Ocean Energy Management (BOEM), the governmental authority in charge of the process in the U.S. […]

  • 20 August 2012
    Business & Finance, Research & Development

    Ecopetrol S.A., through its affiliate Ecopetrol America Inc., provided the results of the Parmer Prospect, deepwater Gulf of Mexico. The Parmer prospect #1 is located on Green Canyon 867, at a depth of 18,900 ft (5,760 meters), which allowed for several pressure readings and the collection of several fluid samples from Miocene sands. The data […]

  • 12 February 2020

    Oil major Shell has acquired a 50 percent stake in Fuerte Sur, Purple Angel, and COL-5 blocks offshore Colombia from the country’s largest oil and gas company Ecopetrol.

  • 24 December 2010
    Business & Finance

    With the issuance of resolution 1078/2010 on December 16, 2010, by the National Oil, Gas and Biofuel Agency – ANP, Ecopetrol S.A. , through its affiliate Ecopetrol Oleo E Gas do Brasil LTDA, confirms its participation in the offshore concession for Block BM-S-73 in Brazil. The request for approval of the concession came as a […]

  • 24 November 2017
    Business & Finance

    Colombian oil company Ecopetrol expects to invest $3.5 to $4 billion in 2018, up 35% to 55% over the projected investment at year-end 2017.

  • 28 July 2017

    Colombia’s Ecopetrol has informed that a new hydrocarbon discovery was made in the Warrior-2 well, in which Ecopetrol America Inc. holds a 30% interest. The Anadarko-operated Warrior-2 is located in the Green Canyon area of the Gulf of Mexico (United States), 190 kilometers from the coast, 11 kilometers from the K2 production field operated by […]

  • 14 November 2013

    Ecopetrol S.A. announces that Magda Manosalva has been appointed as its new Chief Financial Officer. Mrs. Manosalva holds a bachelor’s and a master’s degree in economics from the National University of Colombia and a graduate degree in finance from the Harvard Extension School. Before this appointment, Mrs. Manosalva was the Chief Financial Officer of Reficar, […]

  • 19 October 2012
    Business & Finance

    Ecopetrol S.A. reports that it has submitted the best offers for 12 exploratory blocks in the Round Colombia 2012, following the opening of bidding held on October 17 by the National Hydrocarbons Agency (Agencia Nacional de Hidrocarburos, ANH) in Cartagena, Colombia. Of the 12 blocks, Ecopetrol holds a 100% stake in six of them, and […]

  • 7 April 2011

    Colombia’s state-controlled oil company Ecopetrol (ECOPETROL.BO) reached a deal with Repsol YPF SA (REP.MC) for the Spanish oil major to participate in two more offshore exploration projects in the Caribbean. The deal will give Repsol a 50% stake in each of two oil blocks off Colombia’s Caribbean coast, RC-11 and RC-12, Ecopetrol said in a […]

  • 5 April 2013

    Ecopetrol S.A. announces that its U.S. affiliate placed the most competitive bids for 6 blocks in the “Central Planning Area Lease Sale 227” round held in New Orleans, as disclosed by the Bureau of Ocean Energy Management (BOEM), the governmental authority in charge of the process in the U.S. In this lease sale, Ecopetrol America […]

  • 28 September 2017

    Lloyd’s Register’s well management expertise is being used by Ecopetrol Costa Afuera S.A.S. (ECAS), an affiliate company of Colombia’s national oil company Ecopetrol, for offshore exploration drilling operations in Colombia.  ECAS is contracted with Lloyd’s Register (LR) to provide wells project management services to drill the Molusco-1 exploration well offshore Colombia. The Molusco prospect is inside Block […]

  • 30 September 2010

    In accordance with standards set by the Brazil National Petroleum Agency (ANP), regulator of the Brazil oil sector, Anadarko, the operator of Block BM-C-29, reported that it has confirmed the presence of hydrocarbons in the Itauna well in which Ecopetrol is a 50% partner through its affiliate in Brazil. The well was drilled by Seadrill’s […]

  • 16 September 2019
    Business & Finance

    Shearwater GeoServices has been awarded a 3D Isometrix seismic survey by Colombia’s Ecopetrol.

  • 20 August 2015

    Ecopetrol, Colombia’s largest oil company, will establish a subsidiary focused primarily on the development of the country’s offshore resources. In a statement issued Wednesday, Ecopetrol said: “The creation of the new subsidiary seeks to develop offshore activities in Colombia, which the company currently carries out as operator and non-operator, and take advantage of the benefits […]

  • 3 May 2017
    Exploration & Production

    Colombia’s Ecopetrol has informed that the Gorgon-1 exploratory well the Colombian Caribbean deep-water, showed presence of gas in zones with depths ranging between 3,675 and 4,415 meters below average sea level. The well is operated by Anadarko, a U.S. oil company. The discovery proves gas presence on a structured located in the same geological trend […]

  • 27 May 2015
    Business & Finance

    Colombia’s Ecopetrol has approved a new corporate strategy aimed at guaranteeing the company’s long-term sustainability.  Within a complex international price environment, the new strategy defines that Ecopetrol will be focused on oil and gas exploration and production, while seeking operational excellence in transportation, refining and petrochemical areas, Ecopetrol said in the press release. The strategy […]