Exxon could make a bid for Hess' oil assets in Guyana if Chevron deal terminates
Publishing timestamp: 2024-03-06 18:58:26
Summary
Exxon filed for arbitration with Chevron over dispute regarding Hess' Guyana assets. Exxon indicated they could make a bid for Hess' assets in Guyana if their merger agreement with Chevron fails. The dispute revolves around pre-emption rights under a joint operating agreement.
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