Ecopetrol Reports On The Sale Of Its Stake In Offshore International Group
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BOGOTÁ, Colombia, Jan. 19, 2021 /PRNewswire/ Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) reports as follows: Ecopetrol S.A. ( Ecopetrol ) signed a Share Purchase Agreement with De Jong Capital LLC, through one of its subsidiaries as buyer, pursuant to which Ecopetrol sold its 50% ownership interest in in Offshore International Group ( OIG ).
This divestment is the result of a successfully competed process between a number of bidders jointly carried out by Ecopetrol and its partner, in respect of the sale of 100% of the capital stock of OIG, the parent company of Savia (Peru) and other companies based in the United States and Peru.
Ecopetrol informs of the consummation of the previously reported transaction with Shell to develop the gas province of the Colombian Caribbean morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.