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Cuba Forges Risky Plan for Deepwater Drilling

October 26, 2015October 26, 2015 by Cuba Journal
Cuba Forges Risky Plan for Deepwater Drilling

According to a Reuters report, Cuba-Petroleo (Cupet) plans to contract with foreign firms to drill exploratory wells as deep as 7,000 meters (23,000 ft) in waters of up to 3,000 meters. “We will initiate a drilling campaign at the end of 2016 or the start of 2017,” Osvaldo Lopez, Cupet’s head of exploration, told Reuters … Read more

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