Olje

Tigerberget
21.03.2019 kl 07:51 2568

South America group 3 covers Peru, Colombia and Ecuador countries. Colombia and Ecuador are expected to cover 92.2% of the share in group 3 by 2027. This is mainly due to growing focus of foreign companies on the exploration activities and investments across these countries especially in Colombia.

Additionally, in 2017 Colombia was South America’s third-largest oil producer after Brazil and Venezuela. Colombia E&P software market accounted for US$54.7 Mn in 2018 and projected to see an opportunity of US$118.2 Mn in terms of revenue, reflecting a CAGR of 14.5% during the forecast period

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