- Guyana's government says Exxon Mobil (NYSE:XOM) will start exploration drilling at the Stabroek Block off its coast, in a move that could inflame a long-running dispute with neighboring Venezuela.
- Officials say the country's president met XOM representative in the capital this week and the company's exploration rig ship is now in position at the concession area.
- The waters lie off a border region claimed by Venezuela in a territorial controversy dating back more than a century.
Exxon to begin drilling offshore Guyana
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