Tag Archives: Exxon Mobil Guyana

Guyana oil block fight: Chevron clears $53 billion Hess deal after Paris arbitration, gains entry into Exxon-led Guyana field – Times of India

Guyana oil block fight: Chevron clears  billion Hess deal after Paris arbitration, gains entry into Exxon-led Guyana field – Times of India

Chevron has completed its $53 billion acquisition of Hess Corp, securing a stake in one of the world’s most lucrative oil fields, after winning a key arbitration ruling in Paris. The International Chamber of Commerce (ICC) cleared the way for Chevron to join Exxon Mobil and China’s CNOOC in Guyana’s massive Stabroek Block, ending a months-long ownership dispute.“We disagree with …

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