Taiwan News Online: "Barbados has awarded its first offshore oil-exploration rights in a bid to diversify its tourism-driven economy, an energy official said Friday.
The government licensed Melboure, Australia-based BHP Billiton to evaluate two undersea blocks southeast of the Caribbean island, said Philmore Best, deputy permanent secretary of Barbados' energy ministry. He gave no details on the financial terms of the deal."
The government licensed Melboure, Australia-based BHP Billiton to evaluate two undersea blocks southeast of the Caribbean island, said Philmore Best, deputy permanent secretary of Barbados' energy ministry. He gave no details on the financial terms of the deal."
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