Exxon could make a bid for Hess' oil assets in Guyana if Chevron deal terminates
Exxon Mobil indicated Wednesday it could make a bid for Hess' oil assets in Guyana if the company's merger agreement with Chevron fails due to a dispute over pre-emption rights.Exxon filed for arbitration at the International Chamber of Commerce in Paris Wednesday morning to adjudicate the dispute with Chevron over Hess' Guyana assets, Exxon senior vice president Neil Chapman said during an interview at a Morgan Stanley event.Exxon claims it has a pre-emptive of right to make an offer for Hess' assets in Gu ...