Colombia oil auction has 16 companies qualified to bid

Sixteen companies are qualified to bid in Colombia’s auction of four onshore oil blocks later this year, the national hydrocarbons agency (ANH) said on Friday. The ANH received 19 submissions from companies interested in bidding in the upcoming auction. Of the companies allowed to take part in the auction, 15 were previously authorized. French company Maurel & Prom was the only successful new company. Bids on the four blocks will be made at the end of october 2020.

Source: Reuters