The future of Colombia’s oil industry is uncertain following President Gustavo Petro’s proposal to end new contracts for hydrocarbon exploration and ban hydraulic fracturing, signaling an energy transition.
The survey of the Exclusive Economic Zone, backed by the Directorate General of Hydrocarbons, has acquired over 22,000 line kilometres of two-dimensional data in the region. Separately, ONGC and Oil India have completed surveys and initiated exploratory activities for their blocks in the region.
OIL has launched survey for unapprised areas of Jorhat, Nagaland, Manipur, Mizoram, Dima Hasao, Arunachal using airborne gravity gradiometry and gravity magnetics (AGG)