Oil and gas spe­cial­ist open to Chi­nese in­vest­ment

China Daily (Hong Kong) - - COVER STORY -

Omega En­ergy In­ter­na­tional, or OEI for short, to­gether with its af­fil­i­ate Nikoil En­ergy, is a leader in Colom­bia’s oil and gas sec­tor, main­tain­ing a strong sense of com­mit­ment to the con­tin­ued de­vel­op­ment of the coun­try and the in­ter­nal re­gions in which it op­er­ates.

The group fo­cuses on sev­eral as­pects of the oil and gas in­dus­try — ex­plo­ration and pro­duc­tion, en­vi­ron­men­tal li­cens­ing, civil works, drilling, re­fin­ing, trans­porta­tion, power gen­er­a­tion, gas dis­tri­bu­tion and other ac­tiv­i­ties re­lated to the in­te­gra­tion of the ver­ti­cal sup­ply chain in Colom­bia and through part­ner com­pa­nies around the world.

OEI’s Colom­bian branch — Omega En­ergy Colom­bia — is in charge of its eco­nomic in­ter­ests in seven fields in Colom­bia, two in Paraguay and one in Nige­ria.

One of its more re­cent and most im­por­tant dis­cov­er­ies lies in Colom­bia’s Cordillera Basin, which is slated to be­come a sig­nif­i­cant zone for oil and gas de­vel­op­ment.

“We have some of the most promis­ing fields in Colom­bia,” said Omar Leal, pres­i­dent of Omega En­ergy.

Re­cently, the com­pany ac­quired Lukoil Over­seas, part of the Rus­sia-founded oil and gas group, which has rights to the Con­dor oil­field lo­cated in the Llanos Foothills basin in eastern Colom­bia.

“The blocks that we ac­quired from Lukoil are some of the most po­ten­tially filled ar­eas in Colom­bia,” Leal ex­plained.

“We are com­mit­ted to the de­vel­op­ment of Colom­bia, but we are also ag­gres­sively pur­su­ing meth­ods in which we can ex­pand on the in­ter­na­tional level.”

Cur­rently, OEI boasts an ex­ten­sive in­ter­na­tional net­work, with part­ners from such coun­tries as the United States, Canada, the United King­dom, Is­rael and Paraguay. Most re­cently, it has be­gun to set its sights on Asia, specif­i­cally China.

“We are proud to have part­ners world­wide,” Leal said.

“We are par­tic­u­larly look­ing for­ward to build­ing a re­la­tion­ship with Chi­nese in­vestors who are in­ter­ested in do­ing busi­ness here.

“To be suc­cess­ful in Colom­bia, it is im­por­tant to work with a lo­cal. Omega has ex­cel­lent knowl­edge of the lo­cal mar­ket through our many years of ex­pe­ri­ence. We can pro­vide the best as­sets, peo­ple and tech­nol­ogy,” Leal said.

In fact, Omega has been in talks with sev­eral Chi­nese com­pa­nies, in­clud­ing China Petro­chem­i­cal Cor­po­ra­tion and the China National Pe­tro­leum Cor­po­ra­tion. It has also inked a suc­cess­ful deal with the Shan­dong Kerui Group.

“China has the com­plete pack­age — it has the tech­nol­ogy, mar­ket and re­sources,” Leal said.

“We rec­og­nize the great op­por­tu­nity that it rep­re­sents for us. There are vast op­por­tu­ni­ties in Colom­bia to de­velop huge fields for oil and gas with­out the need for too much in­vest­ment.” www.omegaen­ergy.co World Eye Re­ports pro­vided the story

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