Thursday, November 23, 2017

Cuba set to explore offshore as oil rig arrives

RECOMMENDED READING


HAVANA — A huge drilling rig arrived Thursday in the gulf waters north of Havana, where it will sink an exploratory well deep into the seabed, launching Cuba's dreams of striking it rich with offshore oil.

The Scarabeo-9 platform was visible from Havana's seawall as it chugged westward toward its final drill site about 30 miles from the capital, and 60 miles south of Key West.

Spanish oil company Repsol RPF, which is leasing the rig for about $500,000 a day, said it expects to begin drilling within days to find out whether the reserves are as rich as predicted.

It has been a long, strange journey for the Scarabeo-9, Repsol and Cuba, a process shadowed at every step by warnings of a possible environmental debacle and decades of bad blood between Cuba and the United States.

The U.S. trade embargo essentially bars U.S. companies from doing oil business with Cuba and threatens sanctions against foreign companies if they don't follow its restrictions.

To avoid sanctions, Repsol chose the Scarabeo-9, a 380-foot-long behemoth built in China and Singapore and capable of housing 200 workers..

The Scarabeo-9's blowout preventer, a key piece of machinery that failed in the 2010 Macondo-Deepwater Horizon disaster, is state of the art.

Judge pares lawyer fees in BP case: A federal judge has ruled that people pursuing their Gulf of Mexico oil spill claims against BP outside of federal court do not have to pay fees to hundreds of lawyers working on behalf of about 120,000 claimants fighting the oil giant in court.

U.S. District Judge Carl Barbier in New Orleans issued the ruling Wednesday to clarify a previous ruling.

Separately, federal lawyers on Thursday asked Barbier to find BP, Anadarko Exploration & Production LP and Transcoean Ltd. all liable for the April 20, 2010, spill before a Feb. 27 trial starts. BP and Anadarko jointly owned the well and Transocean owned the drilling rig that exploded, killing 11 workers.

Comments
Philip Rivers, Chargers beat fading Cowboys 28-6

Philip Rivers, Chargers beat fading Cowboys 28-6

NFL Capsules
Updated: 18 minutes ago
Barton to go mum over disclosed photo, citing probe

Barton to go mum over disclosed photo, citing probe

Barton says he's going mum about a nude photo of him posted online because the matter is under investigation
Updated: 1 hour ago

AP Top News at 11:27 p.m. EST

AP Top News at 11:27 p.m. EST
Updated: 1 hour ago

Ugly injury sidelines Mississippi State QB

STARKVILLE, Miss. — Mississippi State quarterback Nick Fitzgerald sustained a gruesome right ankle injury in the first quarter that forced him to leave Thursday’s game against Mississippi. The 6-foot-5, 230-pound Fitzgerald was running the ball when ...
Updated: 1 hour ago

Sports in brief

SoccerStudy to look into soccer players and brain disease LONDON — A major study into whether soccer players are at risk of degenerative brain disease was commissioned Thursday amid concerns that the sport’s authorities in England haven’t done enough...
Updated: 1 hour ago

Captain’s Corner: Switching to bottom fishing for grouper, snapper

With water temperatures falling, offshore anglers soon will have less species to target. Migratory species such as cobia, kingfish and Spanish mackerel will be migrating south for the winter. Most offshore captains will switch to bottom fishing for g...
Updated: 1 hour ago
Jon Mott wins record fifth Times Turkey Trot 10K

Jon Mott wins record fifth Times Turkey Trot 10K

By BOB PUTNAMCLEARWATER — The Tampa Bay Times Turkey Trot has long been a fixture on Jon Mott’s sporting calendar. Not even a 103-degree fever Tuesday could keep him away from the event, in its 39th year. Mott, a record four-time 10k champion, added ...
Updated: 1 hour ago
Asian shares lower, China in focus after big selloff

Asian shares lower, China in focus after big selloff

Asian stock markets were mostly lower Friday with investors finding little guidance after Wall Street shut for a U.S. holiday and Chinese markets in focus after a big sell-off the previous day
Updated: 1 hour ago
Asian shares lower, China in focus after big selloff

Asian shares lower, China in focus after big selloff

Asian stock markets were mostly lower Friday with investors finding little guidance after Wall Street shut for a U.S. holiday and Chinese markets in focus after a big sell-off the previous day
Updated: 1 hour ago

No. 7 Mississippi St. women top No. 24 Arizona St. in Cancun

Top 25 Capsules
Updated: 2 hours ago