ExxonMobil Oil Exploration activities on target

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President Donald Ramotar and Minister of Natural Resources and the Environment, Robert Persaud get a demonstration of operations of the Deepwater Champion
ExxonMobil’s oil rig, the Deepwater Champion.
ExxonMobil’s oil rig, the Deepwater Champion.

[www.inewsguyana.com] – President Donald Ramotar accompanied by Minister of Natural Resources and the Environment, Robert M. Persaud on Wednesday, April 15 inspected the operation of ExxonMobil drillship, the Deepwater Champion.

According to a news release, the Deepwater Champion is drilling for oil under licence from the Government of Guyana in the Stabroek block, some 120 miles offshore Guyana within Guyana’s Exclusive Economic Zone.

iNews understands that the President and party travelled by helicopter from Ogle Aerodrome in Greater Georgetown and were given a 360 degree view of the drillship from the helicopter. This was followed by a short briefing aboard.

President Donald Ramotar and Minister of Natural Resources and the Environment, Robert Persaud get a demonstration of operations of the Deepwater Champion
President Donald Ramotar and Minister of Natural Resources and the Environment, Robert Persaud get a demonstration of operations of the Deepwater Champion

The release pointed out that Minister Persaud is the focal point in the government for Esso Exploration, and coordinator of the visit with Mr. Jeff Simons, Country Manager of Esso Exploration and Production Guyana Limited (EEPGL). EEPGL is the local subsidiary of ExxonMobil, the largest publicly-traded oil and Gas Company in the world.

Additionally, Minister Persaud is also coordinating the development of a National Oil and Gas policy on which he has invited and encouraged wide stakeholder participation and comment.

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