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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

TotalEnergies farms out 40% of OPL257 offshore Nigeria to SAPETRO

BW Energy pulls capex guidance as rig loss stalls Gabon drilling

Brazil’s ANP overhauls rules for assigning E&P contracts, scraps partnership review committee

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