Markets

Fugro to Perform Bahamas Oil Survey

By: Caribbean Journal Staff - May 25, 2011

Global oil services firm Fugro will perform a high-resolution seabed survey of the licence areas belonging to the Bahamas Petroleum Company. The company has already performed a two-dimensional seismic program of its licences, which cover 15,676 square kilometers. “We are pleased to have signed this contract with Fugro and look forward to receiving the results of the seabed survey in due course,” said Paul Crevello, CEO of the Bahamas Petroleum Company. [Freeport News]

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