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ExxonMobil billed Guyana US$120 million for exploration in 2024- Annual Report reveals

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Kaieteur News- In 2024, Guyana received a hefty bill of US$120M for exploration costs racked up by ExxonMobil and its Co-Venturers, Hess and CNOOC. This was revealed in the 2024 Annual Report for American oil company, Hess Corporation. According to financial information contained in the document, exploration expenses, including dry holes and lease impairment for […]

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