THE TIMING OF CUBA ENERGY, OIL AND GAS IS INCREDIBLY IMPORTANT. IN 2018, UNION CUBA-PETRÓLEO (CUPET) ANNOUNCED A NEW OFFSHORE BID ROUND, WITH THE OFFICIAL LAUNCH AT EAGE, LONDON, JUNE 2019.
As part of this licensing round process, CUPET is calling on all international IOCs, operators, service providers and companies throughout the value chain to convene in Havana over four days of strategic and technical networking and business development.
CUPET has continued with hydrocarbon exploration efforts, both on and offshore. Among these actions excels the biggest ever offshore 2D Multi-Client survey acquired by BGP Offshore in the Cuban Economic Exclusive Zone. Newly released 26,880km of 2D PSTM and PSDM data are available to license from BGP, including 21,000 KM in the Cuban sector of the Gulf of Mexico. Preliminary results reveal deep and high-quality information under the sea bed.