ExxonMobil set for oil drilling today

President Donald Ramotar (centre), Natural Resources and the Environment Minister, Robert Persaud (left) and ExxonMobil Country Manager,  Jeff Simon (second from left) along with staff at ExxonMobil’s Head Office, New Market Street (GINA photo)

ExxonMobil’s approximately US$200M oil exploration project is to kick off today as the Deep Water Champion rig is in position at the offshore Stabroek Block.

GINA said that President Donald Ramotar along with Minister of Natural Resources and the Environment, Robert Persaud visited the ExxonMobil’s Head office located on New Market Street, Georgetown yesterday and were given a tour and briefed on its operations by the company’s Country Manager, Jeff Simons.

The total area allotted to Exxon for exploration covers 26, 806 square kilometres and GINA said that the