Venezuelan Oil Company To Drill Off Cuba
From Google News
Venezuela’s national oil company will join in exploratory drilling for crude in deep waters off Cuba, the company’s president said Thursday.
State-run Petroleos de Venezuela SA, or PDVSA, is next in line to drill after Malaysia’s Petronas completes its work, said Rafael Ramirez, Venezuela”s oil minister and president of the company. He said Venezuela has budgeted an estimated $40 million for the project.