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Pipeline Pulse > Oil > Venezuelan Navy Approaches Exxon Mobil Vessel Off Guyana Coast
Oil

Venezuelan Navy Approaches Exxon Mobil Vessel Off Guyana Coast

Editorial Team
Last updated: 2025/03/03 at 6:49 PM
Editorial Team 4 months ago
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Venezuelan Navy Approaches Exxon Mobil Vessel Off Guyana Coast
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The Venezuelan patrol ship that entered Guyana’s waters Saturday and positioned itself close to a vessel contracted by Exxon Mobil Corp. within the Stabroek oil block has departed the world, in keeping with the Guyana Defence Pressure.

Stabroek, the world’s quickest-growing main oil subject with about 11 billion barrels of recoverable sources, sits in waters partially claimed by Venezuela. In 2023, Venezuelan President Nicolas Maduro stoked pressure by looking for a referendum on laying declare to a big a part of Guyana. 

“The vessel remains to be in our waters,” mentioned Brigadier Omar Khan, head of the Guyana Defence Pressure, including that “from all indications, it’s heading towards Venezuela.” 

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The US State Division referred to as the risk by Venezuela unacceptable. “Additional provocation will lead to penalties for the Maduro regime,” the division’s Bureau of Western Hemisphere Affairs mentioned on X, with out elaborating.

Guyana’s president, Irfaan Ali, mentioned the armed patrol ship transmitted a radio message informing the vessel that it was working in disputed worldwide waters earlier than persevering with its course to different vessels within the space.

“Throughout this incursion, the Venezuelan vessel approached numerous property in our unique waters, together with FPSO Prosperity,” Ali mentioned, referring to one of many Exxon-contracted vessels. 

Exxon found Stabroek in 2015. The territorial dispute, which dates again greater than a century, flared up as Maduro sought to impress supporters for final 12 months’s presidential election, the place he claimed victory in what observers referred to as a stolen vote. Exxon didn’t instantly reply to requests for remark.

Delcy Rodriguez, Venezuela’s vp, lashed again at Ali, calling him “the Caribbean Zelensky” in reference to Ukrainian President Volodymyr Zelenskiy. Rodriguez mentioned in a press release that the waters usually are not a part of Guyana however as a substitute “a maritime zone pending delimitation in accordance with worldwide regulation”.

Khan mentioned the Guyana Defence Pressure is monitoring the course of the vessel. It beforehand deployed plane over the world and despatched a Coast Guard vessel to the world. 

Ali informed Bloomberg Information he had knowledgeable lawmakers and was briefing Guyana’s worldwide companions, together with the US.

The Group of American States “unequivocally condemns the current actions of Venezuelan naval vessels” threatening Exxon-operated manufacturing models in Guyana’s waters, the OAS mentioned in a press release.

“Such acts of intimidation represent a transparent violation of worldwide regulation, undermine regional stability, and threaten the ideas of peaceable coexistence between nations,” in keeping with the OAS.

Ali mentioned Venezuela’s ambassador to Guyana has been summoned to a gathering and Guyana would ship a proper protest to the Venezuelan authorities.

The Stabroek oil block is producing 650,000 barrels a day. Additionally it is the seat of a big fuel discovery at Longtail with an estimated output of 1 to 1.2 billion cubic ft each day.

In 2023, Guyana’s authorities provoked Maduro by saying it could award new oil blocks by the top of the 12 months. The Maduro authorities mentioned a few of these blocks are in waters that haven’t been delimited, or belong to Venezuela, reigniting the border dispute.

US President Donald Trump this week mentioned he plans to revoke Chevron Corp.’s oil license to function in Venezuela, threatening to torpedo the nation’s sluggish financial restoration.

“Venezuela’s growth doesn’t rely on the People,” Maduro mentioned Thursday, with out referring to Chevron instantly. “We don’t kneel right down to anybody.”




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Editorial Team March 3, 2025
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