The Government of Guyana and ExxonMobil are in advanced discussions to appoint a mutually agreed independent expert to help resolve a US$214 million cost recovery dispute linked to the company's first oil audit. The disagreement stems from costs flagged during an audit of ExxonMobil's operations covering the period 1999 to 2017.
Speaking on the matter, ExxonMobil Guyana Limited Business Services Manager John Colling said both parties are active
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