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

Costa Rica Named in U.S. Legal Fight Involving Former San Antonio Spurs Owner

Costa Rica has been pulled into a high-profile legal dispute in Texas involving Peter M. Holt, the former controlling owner of the San Antonio...

Costa Rica Names New Head of Costa Rica Tourism Institute

President-elect Laura Fernández has named Marcos Borges as the incoming executive president of the Costa Rican Tourism Institute (ICT), placing him in one of...

Costa Rica Inauguration to Bring Traffic Delays Near La Sabana

Drivers in San José should expect heavy traffic, detours, and temporary road closures around La Sabana tomorrow, May 8, as Costa Rica holds its...

Avianca Offers Free Return Flights to Stranded Spirit Airlines Passengers

Avianca will fly stranded Spirit Airlines passengers home at no fare cost, the Colombian flag carrier announced today, becoming the first Latin American airline...

Rodrigo Chaves Stays at Center of Power as Costa Rica Enters Fernández Era

Costa Rica’s transfer of power on Friday is bringing a new president but not a clean break from the leader who dominated the last...

Global Leaders Arrive in Costa Rica for Presidential Transition

Costa Rica will host delegations from around the world Friday as Laura Fernández is sworn in as the country’s next president, turning the May...
Avatar
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel