Bahamas Petroleum ticks all the boxes for regional government

Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in the Bahamas, has been given written confirmation by the regional government that it is in full compliance with the terms of its signed oil exploration licences, the provisions of the Petroleum Act and the Petroleum Regulations of The Bahamas.

Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in the Bahamas, has been given written confirmation by the regional government that it is in full compliance with the terms of its signed oil exploration licences, the provisions of the Petroleum Act and the Petroleum Regulations of The Bahamas.

The government, which was formed following recent general elections, also said the company will not be held to its drilling commitments under its licences as a result of its plans to hold a national referendum on oil exploration in Bahamian waters.

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