Monday, October 26, 2020

Logo Central America Link

Colombia's Ecopetrol may farm out oil assets

Monday, April 20, 2015

Colombia’s state-controlled oil company Ecopetrol may farm out some production assets as part of its effort to improve its portfolio, said Simon Gaviria, head of the National Planning Department.

The possibility of farm-outs comes as Ecopetrol strives to focus on core oil operations amid the slump in international prices.

Source: Bloomberg