Venezuela Claims Two Blocks Of Barbados Offshore Oil!

Why Hasn’t The Barbados Media Reported This?

Barbados Free Press came across an article published today in an oil industry trade paper – detailing how the Government of Venezuela is claiming that two of the blocks of oil rights being offered by Barbados are in Venezuela’s waters.

The article speaks as if this fact is well known and also says that the Venezuela government will be filing a diplomatic note with Barbados and alerting the offshore oil exploration companies that are involved in the Barbados bidding process. We at BFP can’t recall ever hearing about this in the Barbados news media.

Here is the story…

Barbados’s Trouble Waters

The new government of Barbados opened the bidding process for rights to offshore blocks for oil & gas exploration on Monday and will close it on September 30. The winner announcement will be made on Nov 20th. More than 20 companies were present this week in the bid kick off, including among others, Exxon, Gazprom, Lukoil Shell, BHP Billiton of Australia, Hess Oil Company, Anadarko Petroleum Corporation, Marathon Oil and Murphy Oil, all of the United States, StatoilHydro, Petro-Canada, and Petrobras from Brazil. However, there is an issue that the IOC’s perhaps have not taken in account, that is that two of the block are in venezuelan waters, the Bottom Bay blocks Ad I and Ad II. We expect that the venezuelan government will issue a diplomatic note to the government of Barbados asking for clarification and the Venezuelan oil company PDVSA will issue a warning to the OIC’s on the issue.

from Petroleumworld News 06/16/08

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38 Comments

Filed under Barbados, Business, Energy, Venezuela

38 responses to “Venezuela Claims Two Blocks Of Barbados Offshore Oil!

  1. Straight talk

    See that we have again put back the bidding dates another couple of months.

    Why is this?

  2. ProblemChile?

    Chavez out to cause trouble in de region
    -and here it comes!

    Doan mind.
    We gyne sen out de Barbados Navy and Air Force to fix his axx!

  3. ProblemChile?

    And wunnuh did worried about TRINIDAD claiming piece o’ we stuff?
    HA!

  4. The Devil

    Is it true that Venezuela is NOT a signatory to the Law of the Sea.

  5. Barbados the beautiful

    Where is the seismic data on Barbados blocks? Why is it hidden from view and only in the hands of a few when everyone should know exactly what is happening at this point.

    Maybe we not know what the bids are if they do come in until one is picke but we have a right to know what is there and whether any of our so called consultants are getting a piece of the action.

    How much has already been received and spent by Barbados and its representatives. An accounting please.

    Oil, if it exists, is a natural resource owned by the people of Barbados. So here we are having to rely on a blog to tell us what our government is up to? (no offence to you BFP we are very lucky you are here for us lowly Bajans since our big ups treat us like mushrooms)

  6. How lo can U go?

    I think I’m right in stating that Barbados Law as regards mineral rights…
    states that you might own the (surface)lands, and anything on it and in it,
    —down to a depth of 6 ft.—
    but any mineral resource(oil/gas/whatever) below that subterranean level
    is vested in the Mineral Rights of The Crown/The People
    and the best you can hope for is a paltry 1% or something so, in commissions.

  7. pressed

    By my reading, “Barbados opened the bidding process for rights to offshore blocks [... however ...] two of the block are in venezuelan waters” means “Barbados is bidding for Venezuela’s oil, and not “Venezuela is claiming Barbados’ oil”.

    Furthermore, this is not an issue of oil but of oil *exploration*. Why write a headline that has nothing to do with the facts?

    *********************

    BFP says,

    Hello Pressed,

    Barbados claims rights to those blocks and is auctioning off those rights to oil companies. Venezuela now claims that the blocks do not belong to Barbados. Your interpretation of the facts seems to be at odds with ours and (we think) everybody else’s.

    As to parsing the story to disagree with our headline and oil vs. exploration… we’ll also have to disagree with you on this point as well.

    But thanks for stopping by and contributing as you have done in the past.

  8. Bimbro

    With psycho, Chavez in charge there, who can be truly, surprised! Clearly, the man, like the Trinis on fishing, has to be resisted in international court!

  9. John

    There is some place in the Caribbean which Venezuela has been claiming for a long time, just can’t remember where. Can’t even remember why.

    Seem to think it has something to do with Dominica but just can’t remember.

    I’ll see what I can find.

  10. Adrian Hinds

    Hi John:

    Birds Island

    ://www.barbadosforum.com/index.php?s=&showtopic=383&view=findpost&p=8081

    http://notesfromthemargin.wordpress.com/2007/06/16/venezuela-and-bird-island/

  11. Beefcake

    Venezuela has border disputes with almost everybody:
    Trinidad
    Guyana
    Colombia
    Brasil
    and I guess it is happy to add Barbados to the list….

  12. This pdf by Andre Braithwaite shows the fields:

    http://www.energy.gov.bb/(S(gtkz4fvszdjwwknlgjidjdyu))/textFiles/Barbados_Geological_Presentation.pdf

  13. Sargeant

    BFP asked “why hasn’t the Barbados Media reported this?” Perhaps they didn’t know, they hardly do any original reporting, it is always the Minister said this or the Minister toured the site. Sometimes the Nation’s reporters base their reporting on the guests’ responses from the call in shows e.g. Brasstacks. They won’t admit it but they also take their cues from subjects raised on the blogs.

  14. Geo

    Aves Isl. – about 120 miles West of Dominica.
    A glorified sandbar, something around 10 ft. above sea level(max.elevation) and about 50 yds. long…. not much.

    It is the only point where the vestigial Aves Ridge breaks the surface.
    The Aves Ridge was there before today predominant Antillean Ridge
    (which breaks the surface at Montserrat, Guad.Dom, M’que, St.L, St.V,Grenadines, GDA)

    and seaward of that is the Barbados Ridge, formed by a totally different(non-volcanic) methodology which runs from around M’que latitudes down to Tobago, and which breaks the surface at Barbados Isl.

  15. yatinkiteasy

    Although Bird Island is only 70 miles from Dominica, Venezuela has “Taken” the island/rock, for obvious strategic reasons. Dominican fishermen who fished there are now chased off and threatened by armed venezuelan military, stationed on the rock. I hope the next hurricane totally wipes it out, and then what will bully Chavez do?

  16. Straight talk

    yatinkiteasy:

    Bully Chavez ain’t gotta do nuttin’.

    Dominica already sold out to Petrocaribe.

    Aren’t the Vs building them a refinery,
    and a new dock ?

    May be wrong, but if not petropesos talk.

  17. Pingback: Marginal Picks Up His Pen - Venezuelas Claim of Barbados’ Waters « Notes From The Margin

  18. John

    Thanks Adrian.

    Just could not remember where I saw it. I almost said Antigua instead of Dominica because of the Bird name. This confused me.

    The old brain isn’t as old as I thought.

    Thanks Keltruth Corp.

    That was pretty good stuff. I love to look at the contour lines for the bathymetry of the island chain and build up a picture of the seafloor.

    Think I gained that affinity from my father who was a Civil Engineer.

  19. bp

    google earth gives you a pretty good picture of the bathymetry

  20. Crusty

    On June 16, 2008 at 2:06 pm, Barbados the beautiful said:

    “Where is the seismic data on Barbados blocks? Why is it hidden from view and only in the hands of a few when everyone should know exactly what is happening at this point.”

    http://www.energy.gov.bb/(S(gtkz4fvszdjwwknlgjidjdyu))/textFiles/Barbados_Geological_Presentation.pdf

    Maybe we not know what the bids are if they do come in until one is picke but we have a right to know what is there and whether any of our so called consultants are getting a piece of the action.

    — Nobody knows what is there, so where are your “rights” on this? If you want to spend the money (millions of dollars) you can do your own seismic exploration. The existing data were given to the Barbados government which has made them available in summary form in the abovementioned presentation. Doubtless the raw data would be available to someone who could read it.

    How much has already been received and spent by Barbados and its representatives. An accounting please.

    –Winning bids will be announced on 20 November 2008. Guess you have to wait until then.

    Oil, if it exists, is a natural resource owned by the people of Barbados. So here we are having to rely on a blog to tell us what our government is up to? (no offence to you BFP we are very lucky you are here for us lowly Bajans since our big ups treat us like mushrooms)

    –The http://www.energy.gov.bb is publicly available. A bit of skepticism is valuable in pushing us to check further, but please stop whinging and do a bit of research before you get suspicious.

  21. Rumplestilskin

    Anyone can make a claim, but that does not mean it is justified.

    If indeed we do think that we have significant oil to our West and South, then maybe it is time to hire a couple of very good technical ‘specialists’, dust off the HARP Gun, and load-‘er-up.

    Some deterrent is better than none, and from this distance, with the right payload, aint nobody to the South would take the trouble to diss with us.

    Maybe this is a great joint venture to discuss with the Israelis, together with agriculture and water supply?!

    Peace (with an ounce of prevention).

  22. Crusty

    Rumplestilskin: The disputed blocks (Ad-I, Ad-II Bottom Bay) are between 250 and 350 kilometres southeast of Barbados.

    Even at the ‘height’ of its development, the Harp gun did not reach that far (http://www.astronautix.com/articles/abroject.htm):

    “The third and final 16-inch gun of the HARP program was installed at the Yuma proving grounds in Arizona. This gun was practically identical to the Barbados gun, although it did sport several improvements as a result of lessons learned during the construction of the Barbados gun system. Unfortunately the Yuma gun enjoyed only a short operational life with only a few launch series being conducted there. The Yuma Gun’s sole claim to fame was that on November 18, 1966 it lofted a Martlet 2 vehicle to a world record altitude of 180 km, which still stands today.”

  23. PureKomedie!

    Barbados declares pre-emptive war on Venezuela…using a rusty (dismantled?) HARD gun as it’s sole long-range weapon capable of devastating Venezuela.
    Perhaps with a single shot.
    Wow!

  24. John

    …. unfortunately, that’s what our beloved country has become, pure comedy.

    … but we made it so.

  25. Gilly

    So, the USA (with diverse GDP drivers) does not allow drilling in their backyard but we will risk our main economic driver in search of oil…

    Nice!

    ********************
    McCain wants to lift ban on offshore drilling

    The current law, which has been in effect since 1981, covers most of the country’s coastal waters.

    Many officials from coastal states oppose offshore drilling because of the risk of oil spills that can spoil beaches. Environmentalists want offshore drilling to stop, to protect the oceans from further pollution.

  26. Anon

    So, will we soon see Venzuelan military ships patrolling Barbadian waters?

  27. Adrian Loveridge

    Anon,

    read ‘The rising influence of Hugo Chavez’
    New Yorker Magazine 23 June 2008

    ‘In the past four years Venezuela has spent US$4 BILLION on foreign arms mostly from Russia’.

    Perhaps BFP can do the link?

  28. 152356967

    Chavez is BIG trouble.

    He’s like Castro but far worse
    coz he/Chavez got oodles of Petro-Pesos to play wid.

    Buying arms like mad…spoiling for a fight…territorial disputes with everyone nearby(all his regional neighbours?!)
    This can only end in tears!

    Personally, I’m very wary of this dude!

  29. Wishing in Vain

    Has anyone even considered making a check with the Ministry of Foreign Affairs to ask what the true status of this issue is??
    I have checked and there is no document supporting this claim at this time, hate to burst the bubble, one may come I do not know but there is nothing for anyone to respond to here at present.

  30. Keltruth Corp.

    I thought Chavez was Owen Arthur’s buddy.

  31. Pingback: Which “Oil Consultants” Received Any Of The $2 Million Paid Out By Barbados? « Barbados Free Press

  32. John

    I read on the front page of the Nation today what I read here days ago!!

    Even the map and the identification of the two blocks is the same!!

    BFP, you are good.

    Keltruth, thanks again for the map link. That just about made the Nation story readable.

  33. pressed

    [replying to BFP's reply to my reply above]

    thanks for your reply BFP. On a second reading, I agree with your interpretation. As [I think] you implied, I was indeed being affected by my strong disagreement with a BFP article in the past (the one on global warming). I appreciate being set straight.

    Does anyone have a link to the Nation article John is talking about? (jun 19, 12:12pm) I just checked and cannot find it. Would be glad to have more information on this situation.

    [To the BFP moderators:] [How can I be alerted of updates/publishing of my comments? I would like to reply to your responses more promptly but have no way of knowing when my comments actually go through. Finally, I respect the work you are doing and appreciate your setting me straight briskly and factually without making it personal.]

  34. BFP

    Hi pressed,

    the Nation article is here…

    Oil Block

    We have no way of notifying you when there is a reply to your comment. It is a limitation of this software, but we’ll have Clive look into a workaround.

    Thanks for your support.

  35. pressed

    thanks for the link…sorry to hear it

  36. pressed

    ha, a direct ripoff from BFP! nice of them to give illustrious credit.

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