Cuba, India’s Oil & Natural Gas Sign Oil Exploration Accord

India’s biggest state-controlled oil exploring company won permission from Cuba to drill for crude in its waters, part of an effort by the Caribbean island’s communist regime to become oil self-sufficient in coming years.

India’s Oil & Natural Gas Corp. will seek oil in the N-34 and N-35 blocs of Cuba’s economic exclusive zone in the Gulf of Mexico, state-controlled oil company Union Cuba Petroleo said. ONGC, as the Indian company is known, becomes the seventh company to explore for oil offshore in Cuba.
Bloomberg