Barbados to offer 22 blocks to oil companies
Barbados has embarked on a fresh initiative to lure the world’s leading energy firms to explore its waters for oil and gas, after the latest seismic study showed the possible existence of significant hydrocarbon resources. Minister of Energy Kerrie Symmonds said on Wednesday that the bidding process for licences will start on December 1.He recently returned to the island from an international promotional roadshow in Houston, Texas, where he went public with the planned auction.“Woodsi...
Source: barbadostoday.bb
