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Article: United States: Barbados, BHP Billiton finalizing contracts.

Article from:
TendersInfo
Article date:
June 24, 2009
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Byline: manish03

Barbados' government and BHP Billiton (NYSE: BHP) are finalizing contract details for blocks awarded in January, an official from the Caribbean country's finance, economic affairs and energy ministry told BNamericas.

The company was awarded offshore blocks Carlisle Bay (2,498 sq km/964.5 sq miles) and Bimshire (2,506 sq km/967.6 sq miles). Melbourne-headquartered BHP Billiton was one of three groups that submitted bids in September for the round, where 24 offshore blocks ranging from 790 to 5,025 sq km (305 to 1,940 sq miles) were offered.

The goal is to have a contract signed by end-July, according to the ministry's natural ...

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