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| Barbados Offshore Licensing Round 2007 |
Barbados is preparing to open its exclusive economic zone for oil and gas exploration and production to qualifying oil companies across the globe. Already, over 40 international oil companies have expressed interest in the Barbados off shore potential.
Barbados is geographically located at co-ordinates latitude 3*10' N and longitude 59* 32' W. Although only a relatively small island of 166 sq.mi. (431 sq.km), Barbados has has a long history of oil exploration and production dating as far back as the 18th century when oil was extracted from hand dug pits. The West India Petroleum Oil Company first undertook machine drilled wells as far back as 1896.
Over the next 100 years, improved modern technology was used to assess the hydrocarbon potential of the island and to drill wells onshore and in 1982 the Government of Barbados established the Barbados National Oil Company Limited (BNOCL) to continue the drilling program initially started by the Gulf Oil Company and Mobil Oil Company.
As Barbados moves into the offshore drilling program, the technology required to drill oil wells in water depths of between 4000 ft to 7000ft of sea water will be the most advanced systems in the world, bringing Barbados truly into the forefront of offshore deep water exploration and production technology.
Dive Marine Contractors is committed to providing the industry with cutting edge technology in ROV Intervention, side scan sonar surveys and offshore diving services, we are further committed to providing these services in accordance with strict international health, safety and environmental codes of practise.
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