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
A Venezuelan military ship entered a major offshore oil and gas field off the coast of Guyana early Saturday, approaching an ExxonMobil contracted vessel, according to Bloomberg. This incident comes days after President Trump canceled a key oil deal with Nicolas Maduro's Venezuela, citing its failure to repatriate an adequate number of illegal aliens from the US.
X user News Source Guyana posted a video showing the armed Venezuelan patrol boat probing the waters around the Exxon contracted ship in the Stabroek Block (Oil & Gas Field).
The US State Department wrote on X the incident was unacceptable:
"Venezuelan naval vessels threatening ExxonMobil's floating production, storage and offloading (FPSO) unit is unacceptable and a clear violation of Guyana's internationally-recognized maritime territory. Further provocation will result in consequences for the Maduro regime. The United States reaffirms its support for Guyana's territorial integrity and the 1899 arbitral award."
Another video of the incident.
Exxon discovered Stabroek in 2015. It produces 650,000 barrels daily and is situated in heavily disputed waters with Venezuela.
Guyana's President, Irfaan Ali, stated that the Venezuelan military vessel radioed the Exxon-contracted ship, declaring that the area lies within disputed international waters.
"During this incursion, the Venezuelan vessel approached various assets in our exclusive waters, including FPSO Prosperity," Ali said, referring to one of the Exxon-contracted vessels.
The Organization of American States stated, "Such acts of intimidation constitute a clear violation of international law, undermine regional stability, and threaten the principles of peaceful coexistence between nations," adding it "unequivocally condemns the recent actions of Venezuelan naval vessels."
The incident follows Trump's decision to reverse the concessions of an oil transaction agreement dated Nov. 26, 2022, with Venezuela, citing Maduro's failure to repatriate enough migrants.
Not a smart move, Maduro.