E&P heavyweights team up offshore Colombia
Colombia Repsol will operate the GUA-OFF-1 area in a 50-50 partnership with NOC Ecopetrol, as well as the COL-4 block under a similar arrangement with ExxonMobil.
In other news from Colombia, Ecopetrol subsidiary Hocol has made a discovery in the VIM-8 block in the Middle Magdalena Valley. The Arrecife-1ST well, drilled to a final depth of 3,020 metres, struck gas in the Upper Oro Cienaga formation, Upstream Online reported.
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