Colombia Oil and Gas Sector Report 20232024

The oil and gas sector in Colombia is of great significance for the country, accounting for 4.8% of its GDP and nearly 30% of its exports value in 2022, according to data from Colombia's statistics office (DANE). After two years of troubled performances caused by the COVID-19 pandemic in 2020 and the national strike in 2021, the local hydrocarbons industry experienced a strong recovery in 2022, benefited by the steep surge of hydrocarbon prices at international markets and the economic recovery of the country.

This report provides a complete and detailed analysis of the "Oil exploration" sector for Colombia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Oil exploration" sector in Colombia
• Crystallise the forces both driving and restraining this sector in Colombia
• Ascertain Colombia’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Colombia.
• Build a clear picture of trends, output and consumption for specific sub-sectors