Sunday, December 22, 2024
If you support the work of Guyana Graphic click here to : DONATE
HomeBusinessExxonMobil Set to Begin Drilling Off Guyana

ExxonMobil Set to Begin Drilling Off Guyana

GEORGETOWN, GUYANA – ExxonMobil will start exploration drilling at the large Stabroek Block off the coast of Guyana on Friday, the government said, in a move that could inflame a long-running territorial row with neighboring Venezuela.

“They are doing the preparatory work, and actual drilling is expected to commence tomorrow morning,” Robert Persaud, Guyana’s natural resources minister, told Reuters on Thursday.

Guyanese officials said President Donald Ramotar met ExxonMobil officials in Georgetown this week and the company’s exploration rig ship, Deepwater Champion, was now in position at the concession area.

The waters lie off a border region claimed by Venezuela in a territorial controversy dating back more than a century.

The two South American nations squabbled over the Essequibo area, which is the size of the U.S. state of Georgia, for much of the 20th century. Venezuela calls it a “reclamation zone,” but in practice it functions as Guyanese territory.

Ramotar’s government says Venezuela has written to Exxon’s office in Guyana protesting about the movement of its rig.

In 2013, Venezuela’s navy briefly seized a U.S.-chartered oil survey ship and 36 crew members, which was carrying out a seabed survey for Texas-based Anadarko in conjunction with Guyanese authorities, because of the territorial dispute.

Guyana “has requested that the government of the Bolivarian Republic of Venezuela desist from taking any actions that could only result in the stymieing of the development of Guyana and its people and that would be in contravention of international law,” the government in Georgetown said in a statement.

Venezuelan officials were not available for comment.

In a statement, Exxon said it was operating the block under license from Guyana. “Border disputes are a matter for governments to resolve through bilateral discussions and appropriate international organizations,” it added.

Exxon signed an agreement with Guyana to explore the block in 1999. It covers 26,800 square kilometers (10,350 square miles) and is 160 to 320 kilometers (100 to 200 miles) offshore.

Oil companies have been increasingly interested in the northeastern shoulder of South America since a discovery off nearby French Guyana in 2011 that industry experts described as a game-changer for the region’s energy prospects.

Link: http://www.voanews.com/content/exxon-begin-drilling-guyana/2669763.html

Related Articles

Cheddi Jagan International Airport

Contact Information for Cheddi Jagan International Airport

Address: Timehri, Guyana

Call: +592 261 2281

Call: +592 699 9074

Call: +592 600 7022

Email: cjiac@cjairport-gy.com https://cjairport-gy.com/contact-us/

Most Popular

Recent Comments

Debra K. Lawrence on Hotels you’ll never forget
Leith Yearwood on Snake Cut
Georgina Lambert-Calvert on What has happened to some of our young folks
Caribbean C Live on John Gimlette’s Voyages
Rev. Adunnola Waterman-French on GAC 2012 Reunion – A perfect Take-off
Georgina Lambert-Calvert on Guyana Emancipation (Freedom) Day History
Althea Garraway on Tapir
Open chat
Hello
Can we help you?