The Trump administration yesterday added China’s oil giant CNOOC, ExxonMobil’s partner in Guyana’s offshore Stabroek Block to a blacklist of alleged Chinese military companies, according to Reuters.
Also blacklisted was China’s top chipmaker SMIC.
CNOOC International holds a 25% working interest in the Stabroek Block. ExxonMobil is the operator with 45% interest and Hess has a 30% working interest. It is unclear what impact the blacklisting would have on CNOOC’s participation in operations here.
