Shell entering three deepwater blocks off Colombia
Feb. 7, 2020
Shell EP Offshore Ventures Ltd. has signed an agreement with Ecopetrol to acquire a 50% operated stake in the deepwater Fuerte Sur, Purple Angel, and COL-5 blocks in the Colombian Caribbean.
Offshore staff
BOGOTA, Colombia – Shell EP Offshore Ventures Ltd. has signed an agreement with Ecopetrol to acquire a 50% operated stake in the deepwater Fuerte Sur, Purple Angel, and COL-5 blocks in the Colombian Caribbean.
Subject to government approval, the companies intend to drill a boundary hole in the area at the end of 2021.