By bne IntelliNews The arbitrators in a legal dispute between ExxonMobil and Hess have reportedly reached a decision. Citing two sources familiar with the matter, Reuters reported last week that the International Chamber of Commerce,

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter.

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of first refusal to buy Hess’ Guyana assets because of its joint operating agreement with Hess and the China National Offshore Oil Corp., or Cnooc, for the Stabroek Block.