BHP Billiton Starts Drilling in Caribbean


BHP Billiton has begun drilling gas at its Agostura Project off the coast of Trinidad and Tobago. According to CEO Michael Yeager, the platform has a design capacity of 280 million cubic feet of gas per day. BHP has a 45 percent interest in the Greater Angostura Field, along with joint venture partners Total (which has a 30 percent interest) and Chinese firm Chaoyang. [Trading Room]


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