Offshore Bahamas
In 2009 the Falkland Islands-registered company BPC Limited and Norwegian company Statoil announced a joint venture to drill for oil in Bahamian waters north of Cuba and southeast of Florida. The government of the Bahamas has indicated that applications for offshore drilling are on hold pending negotiations with Cuba, the United States, and the Turks and Caicos Islands on the exact boundaries between their respective Exclusive Economic Zones.
Read more about this topic: Straits Of Florida, Oil and Gas