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Chevron completes $53 billion Hess takeover following lengthy Exxon arbitration

Chevron completes $53 billion Hess takeover following lengthy Exxon arbitration

by Offshore Reporter | Jul 18, 2025 | Offshore

Chevron has completed its $53 billion takeover of Hess Corporation, having won its arbitration case against ExxonMobil regarding Hess’ offshore Guyana assets which had delayed the takeover for over a year.

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Chevron completes $53 billion Hess takeover following lengthy Exxon arbitration

Latest News

Overcoming extreme challenges: Advanced chemical solutions for offshore oil production integrity

Shell to resume offshore Venezuela gas development as U.S. eases path for exports

ABB to supply automation, electrification systems for green ammonia FPSO offshore Portugal

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