Skip to Content

ExxonMobil to explore for oil and gas in offshore area under dispute by Guyana and Venezuela

By BERT WILKINSON
Associated Press

GEORGETOWN, Guyana (AP) — ExxonMobil says it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies. The move could escalate tensions between Venezuela and neighboring Guyana, which awarded the exploration license. The area is considered part of Guyana’s Essequibo region, but Venezuela has long claimed it as its own. Guyanese Foreign Secretary Robert Persaud told The Associated Press on Wednesday that ExxonMobil has every right to work in that region. The president of ExxonMobil Guyana says the concessions were granted by Guyana and that the company is committed to its operations despite the country’s ongoing tensions with Venezuela.

Article Topic Follows: AP National News

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content