Ecopetrol cuts 2015 offshore spend

Ecopetrol will cut its 2015 offshore drilling budget by more than two-thirds as the global industry grapples with sharply lower crude prices, the company disclosed on Friday.

Ecopetrol: Rolling back offshore spending from 2014 levels
Ecopetrol: Rolling back offshore spending from 2014 levels
Published 13 February 2015, 23:34Updated 17 October 2016, 13:12