Cuba Contracts with Australian Firm for Hydrocarbon Production Sharing

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 Petr√≥leo 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