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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

Aquaterra fabrication milestone supports UK offshore CCS development

Vår Energi extends CoreIntegrity deployment on Goliat FPSO

McDermott reports strong first-quarter results amid Middle East uncertainty

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