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flag Ecopetrol now fully controls its Caribbean offshore assets, enhancing Colombia’s energy security and oil production.

flag Ecopetrol, Colombia’s state-owned oil company, has gained full control of its offshore assets in the southern Caribbean Sea after acquiring the remaining stake from a joint venture partner, consolidating operations and boosting its ability to manage exploration, production, and infrastructure development independently. flag The move supports Colombia’s energy security and domestic oil output goals, though financial terms were not disclosed. flag The company says the transition aligns with its commitment to sustainable development and responsible resource management.

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