Shell, ExxonMobil Face Huge Remediation Costs On Abandoned Offshore Assets.
•Aiteo considers options against multinational oil company over Nembe spill •Sector not ripe for full-blown deactivation processes, says industry regulator •Stakeholders want enforcement of rules Shell Petroleum Development Company of Nigeria and ExxonMobil are presently faced with huge remediation costs over their failure to properly decommission and cap oil and gas assets across the Niger…
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