Repsol says no more drilling offshore Cuba

Offshore staff

MADRID, Spain – Repsol has no more plans to drill offshore Cuba following its recent failure in the Gulf of Mexico, according to reports from the BBC.

Antonio Brufau, chairman, speaking to investors, said Repsol will not do another well in Cuba following its dry wildcat reported earlier this month. The decision, he said, was made on technical grounds based on the cost of offshore drilling and the failure rate to date offshore Cuba.

That dry will was drilled by the Scarabeo 9 rig in waters 50 km (31 mi) off Cuba’s northwest coast.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...