Cuba's Cupet to Operate Oil Blocks Offshore Angola, Angop Says

Cuba's Cupet to Operate Oil Blocks Offshore Angola, Angop Says
December 20, 2010, 9:25 AM EST
By Colin McClelland

Dec. 20 (Bloomberg) -- Angola's national oil company signed a
production-sharing contract with Cuban Commercial Cupet SA to operate
two blocks off the southwest African country, state news agency Angop
reported today.

The deal to operate blocks N23 and N33 was signed Dec. 8 in Havana by
Mateus de Brito, an administrator at the Angolan company, Sonangol, and
Rafael Luis Arias Batista, deputy president and director general of
Cuban Commercial, Angop said, citing Sonangol.

--Editors: Alex Devine, Rob Verdonck.

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