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ExxonMobil and partners deducted monies to decommission 4th project, yet to startup – 2023 Financials

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Kaieteur News – In 2023, ExxonMobil Guyana Limited (EMGL) and the Stabroek Block partners billed Guyana US$177M for decommissioning or cleanup costs to restore the ocean floor, following its deepwater oil production activities. Included in the decommissioning bill was money to decommission wells for the fourth project, Yellowtail, which is yet to start producing oil. […]

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