Word: sherritt
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Dates: during 2000-2009
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...reason is the daunting infrastructural difficulties facing any company that drills in Cuba: firms have to bring much more of their own capital, equipment, technology and on-the-ground know-how than usual. This year's severe hurricane damage in Cuba has made the situation worse. Canada's Sherritt, in fact, recently dropped out of its four-block contract. "Who else is going to be willing to actually come in and take the risk in Cuba?" says Benjamin-Alvarado. "In terms of proximity and technology, the only people really able to do it to the extent the Cubans need...