CUBA - Embassy Directory USA

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Repsol: Exploratory oil well off Cuba comes up dry

An exploratory oil well off the northern coast of Cuba has proved a failure and will be capped and abandoned, Spanish company Repsol said Friday, a disappointment for a cash-strapped nation hoping for an economic lifeline.

Exclusive: Repsol comes up dry in Cuba offshore well

HAVANA (Reuters) - Spanish oil giant Repsol said Friday that the first of three planned wells in Cuban waters was unsuccessful, a blow to Cuba's hopes for energy independence. "I can confirm that the Repsol well in Cuba has been reported to be unsuccessful and that we are proceeding to plug and abandon the well," a Repsol spokesman told Reuters. Repsol operated the well in a consortium with ...

Cuba's Hope Of Energy Independence Suffers Blow As Repsol Drills Dry Hole

Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore wells is a dry hole.

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