Exxon, partners solely responsible for decommissioning costs – Business Services Manager

With concerns raised by several sections of society as it relates to both the cost and plan for the decommissioning stage of Esso Exploration and Production Guyana Limited’s (EEPGL) developments offshore Guyana, the company says that all associated costs will be their responsibility.

The information was relayed by Vice President and Business Services Manager at ExxonMobil Guyana Phillip Rietema yesterday, following the launch of the company’s financial statements for 2021.

Thus far, $17 billion has been estimated to cover decommissioning costs.