CARACAS, Venezuela—Guyana’s government is “in discussion” with Exxon Mobil after two ships searching for oil off the South American country’s coast halted work following a weekend confrontation with Venezuela’s navy, Guyana’s foreign minister said on Dec. 24.
Both neighboring South American countries said the Dec. 22 incident had occurred within their territorial waters. A century-long border dispute has heated up in recent years as Irving, Texas-based Exxon has discovered more than 5 billion barrels of oil and gas off Guyana’s shores.
