,

Skansa awarded Ecopetrol contract

Swedish construction giant Skanska has been awarded a contract to by Ecopetrol to operate and maintain oilfields in Colombia.

Skansa said it would carry out the $70 million contract as part of a joint venture with a local Colombian company, noting that it would take a 73% share of the contract value, amounting to a total of $51 million.

Under the contract, Skansa said it would be responsible for the operation and maintenance of 22 oil wells, two water injection wells, surface facilities, 80 kilometers of flow lines and the gas, oil and water treatment.

Work is expected to start this month, with completion of the contract scheduled for the first quarter of 2017.

Since you’re here …

… we have a small favour to ask. More people are reading the Today Colombia than ever but advertising revenues across the media are falling fast. And unlike many news organizations, we haven’t put up a paywall – we want to keep our site as open as we can. So you can see why we need to ask for your help. Updating reports on Today Colombia takes a lot of time, money and hard work. But we do it because we believe our reports matter.
If everyone who reads Today Colombia, who likes it, helps to support it by clicking our ads, our future would be much more secure. Do you part, click on an ad today.

Written by Rico

Rico

"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!