Colombian firm buys 20 percent stake in RIL blocks (Superseding earlier story)
December 4th, 2009 - 5:18 pm ICT by IANS ( Leave a comment )Mumbai, Dec 4 (IANS) Colombia’s state-run energy firm Ecopetrol has bought a 20 percent stake in two deepwater oil blocks being explored by Reliance Industries Ltd (RIL), the Indian company said Friday.
Reliance Exploration and Production DMCC, a wholly owned subsidiary of RIL, will retain the remaining stake and ownership in these blocks, the company said in a statement.
The two deepwater blocks cover an area of 8,000 square km.
- Columbian firm buys 20 percent stake in RIL blocks - Dec 04, 2009
- Reliance gets approval for $7.2 billion BP deal - Aug 09, 2011
- BP sells operation in Colombia - Aug 04, 2010
- Colombian regulator approves BP asset sell-off - Dec 23, 2010
- Ecopetrol makes new oil find in Colombia - Dec 15, 2010
- Reliance, BP form joint venture for gas business - Nov 18, 2011
- BP to buy 30 percent stake in RIL oil blocks for $7.2 bn - Feb 21, 2011
- BP announces $7.2 billion partnership in India - Feb 21, 2011
- BP expects Krishna Godavari gas output to rise - Sep 28, 2011
- Colombian oil company to invest $8.48 bn in 2012 - Nov 23, 2011
- Government gives nod for Reliance Industries-BP deal - Jul 22, 2011
- Brazilian firm announces oil find in Colombia - Mar 12, 2010
- RIL betting on hydrocarbon asset acquisitions abroad - Nov 17, 2009
- Mukesh Ambani's RIL signs $20 billion deal with BP - Feb 21, 2011
- Vedanta meets all conditions for stake buy out: Cairn - Dec 07, 2011
Tags: colombia, deepwater, ecopetrol, energy firm, exploration and production, oil blocks, percent stake, reliance industries, reliance industries ltd, subsidiary
