Grenada steps up preparation for oil exploration
A recent agreement between a Nigerian oil and gas company and the Global Petroleum Group (GPG) could soon see the Eastern Caribbean nation of Grenada step up exploration activities to discover oil and gas like its regional neighbors. Oceangate Oil and Gas Engineering says it has a production-sharing agreement with GPG covering an area of 7,500 square kilometers of water offshore Grenada. However, Prime Minister Dickon Mitchell’s administration says authorities […]