Geoscience company ION Geophysical has entered into a multi-client agreement with Colombia’s National Hydrocarbon Agency (ANH) granting rights to reprocess existing data and acquire new 2D and 3D multi-client programs offshore Colombia’s Caribbean coast.
In February 2019, the ANH announced a series of reforms to encourage investment in exploration and production, such as a permanent license round and a more attractive tax regime, to boost declining production and increase reserves.
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