Colombia: Ecopetrol Entering Drilling Spree In 2024, But Long-Term Upstream Outlook Muted
Oil & Gas / Colombia / Wed 03 Apr, 2024
Key View
- Colombia-based Ecopetrol is set to enter a drilling spree in 2024 as the state-backed company seeks to take advantage of recent hydrocarbon discoveries and preserve the lifelines of its existing assets.
- This investment comes at a crossroads for Colombia’s oil and gas industry, with the incumbent Petro administration so far holding