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Published 30 days ago

Exxon, Cnooc merge Guyana arbitration claims against Chevron

Summary by Ground News
The unified arbitration was approved after a March 26 application, according to a Hess letter to stockholders. Exxon and Beijing-based Cnooc, which own 45% and 25% of Stabroek, respectively, argue they have a right of first refusal over Hess' stake in the block.

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