VOL. XLIII

No. 30

24 July 2000

SAUDI ARABIA

Saudis Nimir Petroleum Wins Upstream Contract In Colombias Putumayo Norte Block

Colombias state-run Ecopetrol announced on 12 July that it had awarded a new association contract in the south of the country to Hocol SA, a unit of Saudi Arabias privately owned Nimir Petroleum. Hocol will explore for oil in the 377,000-acre Putumayo Norte block in the Caqueta region of the Putumayo sedimentary basin outside the main area where the Colombian Governments...