paywall-free https://12ft.io/proxy?q=https%3A%2F%2Ftheintercept.com%2F2023%2F06%2F18%2Fguyana-exxon-mobil-oil-drilling%2F

Here’s the official statement. Use google translate

https://ultimasnoticias.com.ve/noticias/esequibo/venezuela-denuncia-imprudencia-de-guyana-que-agrava-la-controversia/

The region is only claimed by Venezuela, but is in practice administered by Guyana. This region is more than half of Guyana.

The dispute and controversy originates from the allowance of US troops into the region, which would position the US to invade Venezuela.