{"id":30351,"date":"2026-06-10T19:47:14","date_gmt":"2026-06-10T23:47:14","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=30351"},"modified":"2026-06-10T19:47:14","modified_gmt":"2026-06-10T23:47:14","slug":"govt-exxonmobil-working-to-select-sole-expert","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/govt-exxonmobil-working-to-select-sole-expert\/","title":{"rendered":"Gov&#8217;t &amp; ExxonMobil working to select sole expert"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p class=\"wp-block-paragraph\">-for US$214 million oil dispute<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-by Kimberly Giddings <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Government of Guyana and ExxonMobil are in advanced discussions\u00a0to appoint a mutually agreed independent expert to help resolve a US$214 million cost\u00a0recovery dispute linked to the company&#8217;s first oil audit.\u00a0The disagreement stems from costs flagged during an audit of ExxonMobil&#8217;s operations\u00a0covering the period 1999 to 2017.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Speaking on the matter, ExxonMobil Guyana Limited Business Services Manager John Colling said both parties are actively working towards identifying a neutral sole expert who will\u00a0ultimately determine the outcome of the claim.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Colling explained that while a final selection has not yet been made, discussions have progressed\u00a0on a process that will lead to the appointment of the expert.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;As sole experts are considered, they must meet a number of qualifications that are acceptable\u00a0to both parties.And certainly, objectivity is one of them.\u00a0So that is one of the criteria that we are discussing with the government,\u00a0as well as experience,&#8221; he explained. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He said Exxon is willing to work with the government as long as it takes to bring this\u00a0matter to resolution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;I can assure you ExxonMobil Guyana Limited, as well as the government, are diligently\u00a0working to find a sole expert which is acceptable to both parties.\u00a0If the two parties are unable to arrive with a neutral selection, it can be referred to\u00a0the France-based International Chamber of Commerce to make the selection,&#8221; he said. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Colling said that might very well be the next step for the process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>-for US$214 million oil dispute -by Kimberly Giddings The Government of Guyana and ExxonMobil are in advanced discussions\u00a0to appoint a mutually agreed independent expert to help resolve a US$214 million&hellip;<\/p>\n","protected":false},"author":1,"featured_media":30337,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,350,428],"tags":[488,1071,370,412,405,431],"class_list":["post-30351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-news","category-oil-gas","tag-488","tag-exxon","tag-guyana","tag-ncn-guyana","tag-ncn-news","tag-oil-and-gas"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/30351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=30351"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/30351\/revisions"}],"predecessor-version":[{"id":30352,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/30351\/revisions\/30352"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/30337"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=30351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=30351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=30351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}