Tuesday, May 29, 2012

The Bahamas looking to start drilling for oil in 2013

The company hired by the Bahamas Petroleum Company (BPC) to plan and execute an exploratory well in Bahamian waters says it believes it will be drilling by the end of next year.

Applied Drilling Technology International (ADTI), based in Texas, is a division of Transocean, one of the largest offshore drilling contractors in the world with thousands of employees and billions in annual revenue.

While ADTI refers to itself as a turnkey operator, providing an all-inclusive approach to

More details here...

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