Guyana Not Against Exxon Acquiring Hess, VP Says

Immediate Frontier

(Reuters, 28.Feb.2024) — Guyana’s vice president Bharrat Jagdeo on Wednesday said the country will accept whatever is the result from discussions between Exxon Mobil Corp, Chevron Corp and Hess Corp regarding participation in the Stabroek block.

Guyana is ready to welcome Chevron into the country, but would also accept a result in which Chevron’s acquisition of Hess does not go through and Exxon ends up buying Hess’ shares in the consortium, he said.

“Whatever is the outcome we will live with it,” Jagdeo told Reuters.

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By By Kiana Wilburg, Reporting by Sabrina Valle

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