Spanish oil company asks again for more time

President David Granger (centre) with (from left) Repsol’s Country Manager, Giancarlo Ariza; Minister of Natural Resources, Raphael Trotman; Repsol’s Latin America Exploration Director, Mikel Erquiaga and Exploration Manager of the Atlantic Basins, Allan Kean, at the Ministry of the Presidency yesterday. (Ministry of the Presidency photo)

Spanish oil company Repsol has asked for more time to do exploratory work on its Kanuku block offshore Guyana before drilling, the Ministry of the Presidency announced yesterday.

This is likely to push any drilling past a mid-May commitment date next year. In June last year, the company had asked government