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Omimex Oil

Sector: Government • Location: Colombia

Source: International Finance Corporation (IFC)

Project
Completed

Omimex de Colombia, Ltd. (Omimex or the company), an independent energy company engaged in the exploration and production of oil and gas, has requested financing from IFC to fund the further development of its various Colombian heavy oil fields as well as the expansion of the company''s 100% owned pipeline. Having been in the country since 1994, Omimex has gained significant experience in the Mid

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The project “Omimex Oil” is an infrastructure initiative in the Government sector, located in Colombia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Email

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Description

Description

Omimex de Colombia, Ltd. (Omimex or the company), an independent energy company engaged in the exploration and production of oil and gas, has requested financing from IFC to fund the further development of its various Colombian heavy oil fields as well as the expansion of the company''s 100% owned pipeline. Having been in the country since 1994, Omimex has gained significant experience in the Middle Magdalena Basin, an increasingly active area for oil development located 125 miles northwest of Bogotá. The company currently produces from three existing fields (Velásquez, Teca, Nare) in the Basin. However, Omimex plans to increase production through a three-year, staged development program.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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