Hess Corp. reassures US major Chevron on $53Bln deal and says Guyana assets not subject to first-refusal clause
Hess Corp., the New York-based oil and gas company being acquired by Chevron Corp. in a transaction agreed in October and valued at $53 billion, is trying to re-assure Chevron that one of its main assets in Guyana was safe from any pre-emption purchase offer from the other shareholders in the block.
US oil and gas mergers and acquisitions continue as Talos Energy agrees $1.29Bln deal for QuarterNorth Energy
Talos Energy, the US oil and gas company, has acquired the operator QuarterNorth Energy in a $1.29 billion cash and stock deal to boost its presence in the Gulf of Mexico in the latest of a long list of US energy industry mergers and acquisitions that included several mega-deals.
Latest mega-deal in US oil and gas sees Chevron agreeing to take over Hess Corp. in $53Bln transaction
Chevron Corp. has agreed to acquire US energy company Hess Corp in an all-stock transaction valued at $53 billion and is the second huge American merger and acquisitions deal in October 2023 after ExxonMobil’s agreement to acquire Texas-based Pioneer Natural Resources for $59.5Bln with both takeovers having a focus on US shale oil and gas assets.
US energy M&A gathers pace with Chevron agreeing $6.3Bln all-share deal for Permian and DJ Basins asset owner
Chevron Corp. has agreed to acquire Nasdaq-listed PDC Energy in an all-stock transaction valued at $6.3 billion and boosting the US major’s holdings in US strategic basins such as the Permian.
