In the face of Venezuela’s illegal threats to annex Essequibo and force existing companies out of the region, United States (US) oil giant ExxonMobil, the operator in the oil-producing Stabroek Block, has made it clear that it is going nowhere.
The company’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), made its position known in a social media post that reaffirmed the company’s longstanding commitment to Guyana, a commitment that will include as much as six oil developments online by 2027.
“We are not going anywhere – our focus remains on developing the resources efficiently and responsibly, per our agreement with the Guyanese Government,” ExxonMobil said in its statement.
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