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ExxonMobil says it owns US$34B in assets paid for with Guyana’s oil

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…country can take ownership after production activities – Business Services Manager Kaieteur News – Each month, ExxonMobil Guyana Limited (EMGL), the operator of Guyana’s oil-rich Stabroek Block takes 75% of the production to recover its investments. This process- known as cost recovery – ensures that the company and its partners recoup the costs associated with […]

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