Wednesday, June 6, 2012

Offshore oil exploration continues

Granma runs an announcement, based on information provided by Cuban oil company CUPET, that the Repsol exploration effort was “without results.”  This is the first time the news has been carried in Cuban media.  It also announced that the exploration rig has moved west and as of May 24 has been working in a bloc where it is operated by PC Gulf of Malaysia with participation by Russia’s Gezpromneft.  Following that, the rig will move to another bloc where exploration will be carried out by Venezuela’s PDVSA.

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