Petrobras

Colombia

History
After Brazil, Colombia was the second country where we set out to undertake our activities, as of 1972. After the period in which we prioritized our operations in the Middle East, we returned to Colombia in 1986, in the exploration activity. In the 1990’s, by acquiring assets from several operators, we expanded our business in the country.

Activities
We hold an important position insofar as dominating deepwater oil and gas exploration technology, developed in Brazil and introduced into our projects deployed in the western coast of Africa, in the American sector of the Gulf of Mexico, and in the Colombian Caribbean, drilling the Araza-1 well.

In 2000, we made one of the biggest discoveries in the past 15 years in Colombia: the Guando field, located 110 kilometers southeast of the capital, Bogota. This field’s total recoverable volume is some 126 million barrels and its production, made in a consortium, is about 30,000 barrels of oil per day.

After the Guando discovery, other blocks were added to Petrobras Colombia’s portfolio. The current portfolio is composed of 21 exploratory blocks, of which eight are being operated, and eight development blocks, five of which are in operation.

The total production operated by Petrobras in the Colombian territory is 49,000 barrels of oil equivalent per day (boed); the company’s share in this case adds up to about 16,000 boed. The exploration potential of new areas, in the Tayrona, RC6, RC7, Cebucan, Balay, Cerrero, and Guadual blocks and in the non-operated blocks, as well as share opportunities also in the downstream (derivative distribution and marketing) sector, allow an excellent growth scenario to be envisioned for Petrobras Colombia’s activities.

Petrobras service stations
Colombians have fuel and lubricant distribution services available to them at our 72 service stations in the cities of Bogota, Cali, Pereira, Manizales, Zarzal, Yopal, Duitama, Paipa, and Sogamoso, among others.

Our stations hold IMIS Industrial Installation and Assembly certifications (Islands, Pumps, and Hoses), issued by ICONTEC, which guarantee safer operations and facilities to our customers.

We provide fuel and lubricant distribution services via our service station network. That way, Colombians can count on the advantages of the Spacio 1 convenience stores, the global Petrobras service station convenience store brand, among others.

Petrobras Lubrax
This is Petrobras’ state-of-the-art lubricant line, designed in agreement with the oil industry’s highest standards.

It offers the Colombian market a product and service portfolio that is focused on meeting all of the needs of the several segments of the domestic industry, prioritarily the oil, auto, mining, and transportation industries, among others.

In July 2005, the Petrobras Lubrax lubricant line started being manufactured in Colombia, and it is supplied in partnership with a distributor.

Management Excellence
We were granted the Colombian Management Quality Award for the efficiency of our Integrated Advanced management System, the focus of which is productivity, competitiveness, and social and environmental responsibility. More recently, we received the Iberian-American Quality Award, which contributes to increase the organizations’ level of competitiveness and to improve its product and service image. Furthermore, the Great Place to Work Institute acknowledged Petrobras, for the fourth time, as one of the best companies to work for in Colombia.

Social & Environmental Responsibility
Petrobras’ performance in Colombia is based on principles of respect and social and environmental responsibility with regard to the surrounding areas where its operations are carried out. To reach its goals, it adopts management procedures guided towards ensuring its stakeholders’ active participation in information and communication processes and attends to community complaints in a timely, effective manner, in addition to including its workforce in an just and transparent manner in the development of its operations as an essential aspect for its presence in Colombia. Additionally, it undertakes voluntary social investments that make decisive contributions to improve the quality of life of the communities and populations that live in the company’s influence areas.

Visit Petrobras’ Vendor Channel in Colombia