Barbados government signs oil exploration licences with BHP Billiton| glObserver Global Economics


Barbados Wednesday signed two offshore exploration agreements with the Australian-based oil company, BHP Billiton that Bridgetown said underscores the need to fasten its energy next.

Source: globserver.cn

“Signing these two exploration licences will send a clear message to the industry that Barbados is open for business and is critical about the development of its offshore petroleum sector,” said Prime Minister Freundel Stuart as he signed the agreement with BHP Billiton Vice President of Exploration, Dr. Niall McCormack.

See on Scoop.itglObserver Americas

Author: globserver

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