CUBA OIL
July 1st, 2004
BY MONICA DOBIE
SPANISH oil and gas giant Repsol YDF has begun drilling for oil in Cuban waters in a narrow sector of the Gulf of Mexico, using a Norwegian drilling platform for US$200,000 a day. The Spaniards are working with government oil company Cubapetróleo in a narrow sector of the Gulf of Mexico, off Cuba's north-western coast.
SPANISH oil and gas giant Repsol YDF has begun drilling for oil in Cuban waters in a narrow sector of the Gulf of Mexico, using a Norwegian drilling platform for US$200,000 a day. The Spaniards are working with government oil company Cubapetróleo in a narrow sector of the Gulf of Mexico, off Cuba's north-western coast.
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