Colombia, Shell sign offshore exploration and production contracts

Colombia, Shell sign offshore exploration and production contracts
Bogota — Colombia’s government on Monday said it signed two exploration and production contracts with Shell in offshore areas of the Caribbean Sea that will require the company to make initial investments of $100 million. Colombia recently modified contractual terms for offshore exploration and launched a Permanent Area Allocation Process so companies can apply to explore … More »
Colombia, Shell sign offshore exploration and production contracts Colombia, Shell sign offshore exploration and production contracts Reviewed by Crude Oil Facilitators on 18:41 Rating: 5

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