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Guyana Has Support of International Community: Exxon CEO

OIL

Guyana has the support of the international community in its border dispute with Venezuela according to ExxonMobils CEO Darren Woods said in a CNBC interview.

  • “I’m not sure Guyana is standing on its own to tell you the truth” Woods said, likely referring to public support from the likes of US officials this week.
  • “There is more broad support in the international community that the right processes are followed to resolve this dispute.” Woods added.
  • On Exxon’s commitments in the country, Woods said “From our perspective….we need to develop those resources…and do what we are contracted to do.”
  • Guyana said this week it is intensifying security measures and engaging the US military to help it protect the Essequibo region, as Venezuela's actions are seen as a threat to its territorial integrity.
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