In absence of unlimited parent company guarantee… Kaieteur News – ExxonMobil, the operator of Guyana’s oil-rich Stabroek Block has repeatedly...
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Maroc - KAIETEURNEWSONLINE.COM - A la Une - 03/Sep 04:58
‘All costs for damage above oil spill insurance can be recovered by ExxonMobil’ – contract
In absence of unlimited parent company guarantee… Kaieteur News – ExxonMobil, the operator of Guyana’s oil-rich Stabroek Block has repeatedly committed to covering all costs associated with an oil spill that occurs during offshore production activities. However, such costs will be recovered from Guyana’s oil. This is according to the 2016 Production Sharing Agreement (PSA) […]
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