ARTICLES:


U.S.-Cuba oil drill deals ahead? Maybe
By: Bill Loveless | Special for USA TODAY

Given the U.S. trade embargo against Cuba, can American companies participate in that country's plans to resume drilling for offshore oil?  That question came up frequently at a recent conference in Havana of U.S. and Cuban government and business interests, and for some participating in the event, the answer is: Yes, probably.  Among them was...


Cuba seeks more tests of deepwater potential
By Bob Tippee | Editor | Oil & Gas Journal

Despite early exploratory disappointment and a longstanding trade embargo by the US, the Cuban government seeks more foreign help in the assessment of its deepwater oil and gas potential. The country's national oil company and a Canadian operator, meanwhile, are drilling wells of increasing lateral displacement from land to further develop...


U.S., Cuba confer to stop oil spills, protect marine life
By William E. Gibson | Sun Sentinel

Florida's coral reefs and delicate marine environment could become less vulnerable to pollution from potential oil spills under a pact taking shape between the United States and Cuba.  The agreement would clear the way for American companies to provide the latest blowout preventer's and other pollution controls to help stave off spills in Cuban...


Special to ECO; Report from the Safe Seas - Clean Seas - One Gulf and Caribbean Offshore Environmental Drilling Symposium
By: Quenton Dokken, Ph.D. | Gulf of Mexico Foundation

Organized by the consulting firm Hunt Petty, LP, the SAFE SEAS – CLEAN SEAS conference brought together approximately 130 offshore drilling, policy, and environmental professionals in Havana, Cuba October 19-21 to discuss the challenges and opportunities for offshore drilling in Cuba’s territorial waters. CUPET, the national oil company of...


Conference in Cuba addresses questions on offshore safety
By Bob Tippee | Editor | Oil & Gas Journal

Notwithstanding improvements made after the Macondo tragedy of 2010, questions remain about the safety of offshore drilling and production, said speakers at a conference this month in Havana. Many relate to technology and culture.  Capping stacks, for example, now represent vital tools of emergency well control. Yet they require time to deliver...


U.S., Cuba eye offshore drilling possibilities
By: Bill Loveless | Special for USA TODAY

HAVANA — The thaw in U.S.-Cuba relations is raising prospects for new business opportunities for American companies in the island nation, among them energy.  That was evident this past week in Havana, where more than 120 people from the U.S., Cuba and other countries gathered for a cutting-edge conference on offshore oil development.  The Safe...


Cuba Forges Risky Plan for Deepwater Drilling
By: Simons Chase | Editor-in-Chief & Co-Founder | Cuba Journal

According to a Reuters report, Cuba-Petroleo (Cupet) plans to contract with foreign firms to drill exploratory wells as deep as 7,000 meters (23,000 ft) in waters of up to 3,000 meters. “We will initiate a drilling campaign at the end of 2016 or the start of 2017,” Osvaldo Lopez, Cupet’s head of exploration, told Reuters on Wednesday.  “The essential...


UPDATE 1-Cuba says to drill for oil in deep water despite low prices
By: Jaime Hamre | Reuters

Oct 21 Cuba plans to drill exploratory deepwater wells in the Gulf of Mexico by the end of 2016 or beginning of 2017 despite current low oil prices, officials from the state oil monopoly said.  Cuba-Petroleo (Cupet) will drill exploratory wells as deep as 7,000 meters (23,000 ft) in waters of up to 3,000 meters in production sharing contracts with...


Historic oil meeting in Cuba set for October
Improving ties means rising interest in offshore drilling
BY DAVID GOOHUE | KeysNet and Miami Herald

A first-of-its kind oil summit in Cuba organized by U.S. energy-industry heavy hitters is expected in October.  The meeting, set for Havana from Oct. 18-21, comes amid loosening tensions and expanding diplomatic relations between the United States and Cuba.  "The symposium is both historic and unique, the first-ever bringing together of high-level...


Cuba may drill for oil using U.S. equipment
By Paul Guzzo | Tampa Tribune

TAMPA — The U.S. embargo has stymied Cuba’s search for oil off its shores.  And so it should, say critics of the ruling communist regime. An oil windfall would boost Cuba’s economy and provide energy self-sufficiency, strengthening one-party rule there.  But new policies announced in January by President Barack Obama may quietly pave the way...


Oil industry could find opportunity in Cuba
Equipment, services could be sold under looser trade rules
By Jennifer A. Dlouhy | Houston Chronicle

WASHINGTON - The thaw in relations between the United States and Cuba is creating potential openings for oil field service companies, equipment manufacturers and maritime firms, even though longstanding trade restrictions are likely to block energy companies from drilling in the island nation anytime soon.  President Barack Obama announced...


Oil talks show potential for U.S.-Cuba relations
By: Bill Loveless | Special for USA TODAY

The U.S. and Cuba held their highest-level diplomatic talks in nearly 40 years in recent days, the latest development in efforts by Washington and Havana to end their decades-long freeze in diplomatic and commercial relations.  These meetings in Havana, led by Assistant Secretary of State Roberta Jacobson and her Cuban counterpart...


Upcoming Cuban Oil Industry Symposium To Focus On Regional Safety
By Simons Chase | Editor-in-Chief & Co-Founder | Cuba Journal
 

Oil industry executives are well known for applying detailed analysis to the economics of oil and gas production. Today that analysis suggests Cuba’s estimated 5 to 20
billion barrels of offshore oil reserves and 8 billion cubic feet of natural gas will remain like so many other things in Cuba: forbidden fruit.  After the tragic events surrounding...


Audio Podcast:


CUBA'S OFFSHORE OIL DRILLING - PROSPECTS AND IMPLICATIONS
By: Jesse Matthew McCormick |  Associate Director | Center on Global Energy Policy | Columbia University

Host: Bill Loveless 

In this episode, our host, Bill Loveless, reports from Cuba, where a conference called "Safe Seas, Clean Seas" explored opportunities for collaboration between the US and Cuba in Cuba's offshore oil drilling. Bill spoke with a number of experts and officials during the conference and this episode focuses on four such conversations.  Lee Hunt, the lead...


OGJ EXECUTIVE SPOTLIGHT WITH LEE HUNT:


Video One: Early steps toward US-Cuba safety cooperation
IADC initiatives
    •    IADC collaboration with Environmental Defense Fund
    •    Multilateral task force
    •    The Cartagena Convention
    •    Complications in a transnational oil spill
    •    Need for bilateral, US-Cuba agreement

 
Video Two: Status of US-Cuba relations
Effects of the trade embargo on a spill response
 
   •    Culture and cooperation
    •    Limits on the roles of US spill-response organizations
    •    Will spill concerns accelerate US-Cuba thaw?
    •    Recognizing Florida-Cuba “connectivity”

 
Video Three: Coordinating safety regulation
Cuban safety cases vs. US prescriptive approach
    •    A groundbreaking conference in Havana
    •    Prospects for interaction of safety experts
    •    Expanding coordination to broader Caribbean region
    •    Interaction of bilateral and multilateral safety agreements
    •    Importance to safety of bilateral agreements



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