Government Issues Oil and Gas Exploration Licence to British Firm
The Government has resumed the search for oil and gas in Jamaica with the issuing of an exploration licence to British petroleum firm, Tullow Oil Plc. The company has committed $6.7 billion (US$60 million) to undertake activities off the island’s South coast. The exercise, which commenced on November 1, is being facilitated under a Production Sharing Agreement (PSA) signed by...









