On November 9 2022, the Environmental Protection Agency (EPA) issued its fourth Permit to Esso Exploration and Production Guyana Limited (EEPGL) - ExxonMobil Guyana- to conduct production activities at the Yellowtail development.
It is now more than three years since a British firm, IHS Markit, is yet to complete an audit of US$1.6B in expenses for the oil-rich Stabroek Block. Those costs were incurred during the period 1999 to 2017 by ExxonMobil Corporation’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL).
Guyana’s government has granted permission for U.S. supermajor ExxonMobil to develop a fourth offshore oil and gas field, and the company says it has made a final investment decision on the $10 billion project