Oil and gas specialist open to Chinese investment

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