GEORGETOWN/CARACAS (Reuters) – Venezuela’s navy on Saturday “intercepted” a ship exploring for oil on behalf of Exxon Mobil Corp in Guyanese waters, neighboring Guyana’s foreign ministry said in a statement, in the latest incident in a century-old border dispute.
A series of offshore oil discoveries in recent years have given Guyana the potential to become one of Latin America’s largest producers. In OPEC member Venezuela, by contrast, crude output has tumbled to its lowest levels in nearly 70 years amid an economic crisis.
Ramform - Tethys - Vessel - Company - Petroleum
The Ramform Tethys vessel, which belongs to Norwegian company Petroleum Geo-Services (PGS) and was conducting seismic survey work on behalf of Exxon, stopped exploration and turned east after being approached by the Venezuelan navy, PGS spokesman Bard Stenberg said in a statement.
“Guyana rejects this illegal, aggressive and hostile act,” Guyana’s foreign ministry said in a late Saturday statement, adding that the move “demonstrates the real threat to Guyana’s economic development by its western neighbor” and “violates the sovereignty and territorial integrity of our country.”
Ministry - Incident - United - Nations - Communication
The ministry added that it would report the incident to the United Nations and send formal communication to Venezuela’s government. It said it would inform the governments of the various homelands of the 70 crew members aboard the vessel, flagged by...
Wake Up To Breaking News!