Informative sessions for the Ronda Campos Menores 2017 licensing round for 15 small fields in production come to a close.
The Caribbean island's National Gas Company says the local gas sector is "approaching maturity."
The US will reportedly seek a new energy pact as part of the renegotiation of Nafta, which Donald Trump has lambasted and threatened to quit.
A report by the New York-based Natural Resource Governance Institute says the Brazilian and Colombian governments offer "satisfactory" laws and practices for oil and gas companies.
Modifications aimed at reactivating the E&P sector come amid protests that are impacting the Rubiales field, the country's largest.