No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveAs Costa Rica and Colombia protest drilling, Nicaraguan military to protect oil...

As Costa Rica and Colombia protest drilling, Nicaraguan military to protect oil rig in the Caribbean

MANAGUA – Nicaragua’s army will protect an oil rig that’s involved in a controversial drilling project in the Caribbean Sea, an official Nicaraguan source said Wednesday, as Colombia and Costa Rica are contesting who has authority over the area.

Nicaragua LTD Noble Energy, the organization responsible for the operation, and the military agreed that the activities of “surveillance and monitoring” will occur during the drilling and exploration of the platform, said the army in a statement.

The agreement was signed by the head of the army, General Julio Avilés, and the manager of Noble Energy, David Nock.

Noble Energy began drilling on Aug. 18 in a place known as Paradise South WEll 1, located 168 kilometers from Bluefields, the departmental head of the South Atlantic Autonomous Region (RAAS).

The concession, which covers the area known as “Isabel Bank” and “Tyra Bank” in the Caribbean, was awarded to Noble Energy in 2009 to explore and exploit hydrocarbons.

Results of studies under way by the company will be known in 90 days, which is the estimated time for the drilling process, Energy and Mines Minister Emilio Rappacciolli told local media.

Colombia and Costa Rica claim to own the areas where the drilling is occuring, and have protested against Nicaragua awarding oil concessions in those parts of the Caribbean. But authorities did not clarify whether this particular maritime area is the target of an official complaint on behalf of both countries.

Bogotá does not recognize a ruling by the International Court of Justice from last November that established maritime limits between Nicaragua and the South American country.

Trending Now

Direct Flights from Ottawa to Liberia Costa Rica Begin with Porter

Guanacaste Airport rolls out new routes for the high season that started this month, featuring a fresh direct flight from Canada to Liberia. Canadian...

Panama Warns Costa Rica of Whooping Cough Outbreak in Border Region

Panama has alerted Costa Rican health officials to a pertussis (whooping cough) outbreak in the Ngäbe Buglé comarca, sparking concerns over potential spread across...

Costa Rica Colón Exchange Rate Dips to ¢499 – Raising Concerns

The Central Bank of Costa Rica reported the buy rate at 499.46 colones per dollar on November 12, with similar levels persisting into the...

Costa Rica Hosts Barcelona vs Real Madrid Legends Match

Legends from FC Barcelona and Real Madrid are set to face off in an exhibition match in Costa Rica next year, marking the first...

Magnitude 4.6 Earthquake Hits Off Costa Rica’s Pacific Coast

A moderate earthquake shook parts of the Pacific coast early Saturday morning, prompting residents in several areas to report light to moderate trembling. OVISCORI recorded...

Costa Rica Faces Surge in Minor and Migrant Exploitation

Costa Rica faces a growing crisis in the exploitation of minors and migrants, with criminal networks targeting vulnerable people for sex trafficking, forced labor...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica