NOBLE ENERGY:
With and estimation of 90 millions US dollars primary to be invested in the Extraction and drilling of Natural Gas on the Atlantic Coast of Nicaragua, and a 335 additional Millions US dollars to be invested by this United State company. Covering an extension 4,914 Kilometer squares of Drilling process during the next few months, Nicaragua will be able to export Natural Gas in the future.
Huston Texas base Energy Company with more than 80 year experiences in this type of petrol-industry and world exploration and productions of Natural gas and petroleum. April 2009, the Nicaraguan Government grant a contractual to this company to explore and develop hydrocarbons in two areas of this concession.
First located areas; Isabel Bank located at 113 Km of Bilwi in norther Atlantic Coast of Nicaragua community of Puerto Cabezas. Second location; Tyra Bank situated at 139 MK from Bluefields City Atlantic Coast on Nicaragua, each of these locations have an extension of 4,000 Km squares. This North American Energy Company inform that they will start their exploration of Natural Gas Well in month of August 2013. of the results depends on the company to make new additional appraisal drilling to analyze the commercial value of the discovery. The exploration phase of the project of the company in Nicaragua covers several sub-phases over a period of six years.
In case of confirming the presence of commercially viable oil, once the exploratory drilling, the company must submit to the Government an environmental impact study and a plan of Production and Development, which process could take more than three years, consider investors.
This will bring more job to the region, for Nicaraguan Seamen willing to work on these Petroleum Platforms and their Logistic Boats. ISAS inc already start recruiting seamen for this to happen, any Nicaraguan Seamen wishing to work on these type of Platform could request further information's at the following:
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