05:41 GMT25 January 2021
Listen Live
    Latin America
    Get short URL

    The privately-owned survey vessel was forced to interrupt operations and retreat eastward, the ship’s owner said in a statement.

    The Venezuelan Navy intercepted a Bahama-flagged ship conducting a geological survey on behalf of ExxonMobil the waters of neighboring Guyana, according to a Saturday statement from the nation's Foreign Ministry.

    The ship, Ramform Tethys, easily recognizable by its wide, almost triangular, hull, belongs to the Norwegian company Petroleum Geo-Services (PGS). According to PGS spokesman Bard Stenberg, the Tethys was conducting seismic survey work on behalf of ExxonMobil, when Venezuelan Navy ships approached.

    ​The ship came to a stop and turned eastward as soon as it was approached by the Venezuelan Navy, Stenberg said in a statement.

    "Guyana rejects this illegal, aggressive and hostile act," Guyana's foreign ministry said in a statement on Saturday, 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."

    In recent years, ExxonMobil has identified offshore oil deposits in Guyanese waters amounting to an estimated 4 billion barrels, giving officials in a nation with no history of oil extraction ambitions to become one of Latin America's largest producers, even as Venezuela, the long-time undisputed regional leader in the petrochemical industry, struggles with a dire economic crisis. The situation is complicated by a century-old territorial dispute between Caracas and Georgetown.

    The Guyanese Foreign Ministry said it will file a complaint to the United Nations, as well as send a formal communication to the current Venezuelan government regarding the incident.

    ​Georgetown also noted that it would inform the governments of various nations that the 70 crew members aboard the ship experienced a "threat to their safety," according to the statement.

    There was no immediate response to the incident from either Venezuela or ExxonMobil, according to Reuters.

    Caracas has previously criticized Georgetown for authorizing oil exploration operations in the waters of Essequibo region, claimed by Venezuela. Essequibo comprises almost one-third of Guyanese territory.

    Guyana points out that Venezuela relinquished the territory following a ruling by an international tribunal in 1899, a decision that Caracas has since refuted. The United Nations earlier this year referred the dispute to the International Court of Justice, a move welcomed by Georgetown but criticized by Caracas, according to Reuters.


    US Exxon Mobil Announces Cut in Natural Gas Flaring to Fight Climate Change
    Didn't We Almost Have It All: How Exxon Became a Victim of Anti-Russia Sanctions
    Oil Analyst: 'Exxon Was Under Pressure to Abandon Joint Venture with Rosneft'
    Exxon Mobil Exits Joint Oil Ventures With Russia Due to Sanctions
    Exxon Mobil to Challenge $2Mln Fine From US Treasury in Court - Statement
    Exxon Mobil Earns $4Bln in 1st Quarter, Doubles Previous Year’s Earnings
    oil production, geological survey, incident, Ramform Tethys, Petroleum Geo-Services (PGS), ExxonMobil, Guyana, Venezuela
    Community standardsDiscussion