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Ecopetrol is evaluating the strategy to ensure the continuity of gas projects in the Southern Caribbean

Ecopetrol and Shell initiated a joint plan on April 24, 2025, regarding Southern Caribbean offshore gas projects.
Shell's decision to withdraw from these Southern Caribbean assets prompted the initiation of this joint plan.
These assets contain technically and economically viable gas discoveries located in blocks like Col 5 and Fuerte Sur.
The Gorgon project targets maturation by mid-2029 with production expected to start between 2031 and 2032.
Ecopetrol will evaluate options to ensure project continuity and connect resources for national gas supply.

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Rutland Herald

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Ecopetrol is evaluating the strategy to ensure the continuity of gas projects in the Southern Caribbean

BOGOTA, Colombia, April 24, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that a joint plan has been initiated to determine the best alternative to ensure the continuity of the projects in the Southern Caribbean following Shell's decision…

2 days ago

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elperiodicodelaenergia.com

Shell decides to withdraw from offshore gas projects in which it operates in the Colombian Caribbean

Shell has decided to withdraw from offshore assets in the Caribbean, so its partner in these gas projects, Colombian state oil company Ecopetrol, evaluates the actions to be followed to maintain the continuity of those programs. "Before Shell's decision to withdraw from offshore assets outside the South Caribbean, a plan has jointly been initiated to determine the best alternative that will guarantee the continuity of the projects. Shell's decis…

2 days ago

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offshore-technology.com

Shell withdraws from southern Caribbean projects

Ecopetrol has initiated a joint plan to ensure the continuity of its gas projects in the southern Caribbean, following Shell's decision to withdraw.

2 days ago

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las2orillas.co

British oil company Shell says goodbye to Colombia after 85 years of being in the country

Shell Wael Sawan President authorized the sale of 3 gas blocks that still have in Colombia at a time when he could be a key player The article British oil company Shell says goodbye to Colombia after 85 years of being in the country was originally published in Las2orillas. Copyrights Las2orillas.co

2 days ago

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stocktitan.net

Ecopetrol Takes Control of 5 Massive Gas Discoveries in Caribbean Following Shell Departure

New strategy reveals how Ecopetrol will advance 5 offshore gas discoveries after Shell's exit. Production timeline and national supply plans unveiled. Get Details

2 days ago

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Bloomberg Linea

Ecopetrol seeks alternative to continue projects that Shell will sell

Ecopetrol (ECOPETL) reported on Thursday that, before Shell's decision to withdraw from the offshore assets outside the South Caribbean, a plan has jointly been initiated to determine the best alternative that will guarantee the continuity of the projects. SEE MORE: Felipe Bayón, former president of Ecopetrol, will be the new CEO of GeoParkEcopetrol assures that Shell's decision is due to reasons related to her strategy and global portfolio mana…

2 days ago

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