Cuba Contracts with Australian Firm for Hydrocarbon Production Sharing
According to World Oil, MEO Australia has concluded terms and executed the Cuba Block 9 Production Sharing Contract (PSC) with the national oil company Cuba Petróleo Union (CUPET). The block 9 onshore contract contains the large Veradero oil field and other discoveries. Specific terms of the contract are unknown, but the timing appears to symbolic … Read more
