(Energy Analytics Institute, 21.Dec.2020) — Bahamas Petroleum Company plc (BPC) announced commencement of the drilling operations at the Perseverance #1 well offshore The Bahamas. Highlights: — Drilling of the Perseverance #1 well has commenced. — The well spud on 20 December 2020, at 06.30 EST. The well is anticipated to take […]
Tag: The Bahamas
Ex-Venezuela Oil Official Pleads Guilty In Graft Probe
(AP, 2.Nov.2018) The former finance chief of Venezuela’s state oil company pleaded guilty on Wednesday to participating in an alleged US$1.2-billion embezzlement scheme, a major breakthrough for US prosecutors targeting corruption by people close to President Nicolas Maduro, including his stepsons. Appearing in a Miami federal court, Abraham Ortega promised […]