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Friday, September 18, 2026

Cuba Offers 59 Offshore Oil Blocks In Joint Venture

Maritime Activity Reports, Inc.

August 9, 1999

The Cuban government is reportedly offering 59 offshore oil blocks for joint venture projects with foreign companies as part of its bid to develop the local hydrocarbon industry and remedy national fuel shortages.
With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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