Kaieteur News – ExxonMobil Guyana Limited (EMGL) in 2023 deducted US$51.7 million from Guyana’s oil revenue for its decommissioning activities planned for 2039. Decommissioning refers to clean up and restoration activities, following the life of an oil project. The process involves the safe plugging of wells, removal of the Floating, Production, Storage and Offloading (FPSO) […]
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