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Colombia, Korea Firms Take Peru Oil Asset

Feb 8, 2009

Colombia’s Ecopetrol and Korea National Oil Corp (KNOC) have acquired Offshore International Group, a Houston-based company whose main asset is Petro-Tech Peruana, for $900m. Each buyer is acquiring a 50% stake. Ecopetrol, which had announced...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

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