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According to the 2016 deal, ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) is allowed to self-insure.
E.g., on Feb 24, 2023, they produced 156 000 and 246 000 barrels respectively, while Esso Exploration and Production Guyana Ltd (EEPGL) and the Government narrate this brazen disregard of safety as the achievement of reaching 400 000 bpd.
Esso has made an interim compensation payment.
Source: https://www.dailyecho.co.uk/news/23283930.esso-fire-new-pipeline-southampton-london/?ref=rss
In 1955 Mark’s dad George Nott founded the original George’s Garage in behind the former Lou’s Esso on McNabb Street.
In 2011 Esso, which is part of ExxonMobil, was fined £10,000 after pleading guilty to allowing 400 gallons of vacuum gas oil to escape into Southampton Water the previous year.
The advocate pointed out that ExxonMobil just recently received an award for the rapid speed its affiliate Esso Exploration and Production Guyana Limited (EEPGL) / ExxonMobil Guyana, was able to develop the Liza Phase One in the Stabroek Block.
The appellant is contending that the trial court misinterpreted these provisions and wrongly concluded that the financial assurance required of Esso Exploration and Production Guyana Ltd. was unlimited.
Source: https://guyanachronicle.com/2023/05/12/epa-appeals-court-ruling-on-liza-1-financial-assurance-2/
Under Condition 14 of the renewed permit granted to Esso Guyana, the judge found that Esso Guyana attempted to play clever games with its liabilities by diluting them.
Source: https://www.kaieteurnewsonline.com/2023/05/07/insurance-coverage-epa-flayed/
Under Condition 14 of the renewed permit granted to Esso Guyana, the judge found that Esso Guyana attempted to play clever games with its liabilities by diluting them.
Source: https://www.kaieteurnewsonline.com/2023/05/07/insurance-coverage-epa-flayed/
Vice President Bharrat Jagdeo had said that the Stabroek Block operator, Exxon affiliate Esso Exploration and Production Guyana Limited (EEPGL), will co-own the intended gas pipeline since that piece of infrastructure will be paid for out of cost oil.