HES Jan 2025 150.000 put
- Reuters
UPDATE 2-Exxon to shut 2 platforms in Guyana for 2 weeks each to connect pipeline
Exxon Mobil Corp will shut down two offshore oil production projects in Guyana for two weeks each, between July and August, to connect a natural gas pipeline, the company's country head Alistair Routledge told reporters in Georgetown on Tuesday. The 140-mile (225-km) pipeline will feed Guyana's $1.9 billion gas-to-power project aimed at ending the country's dependence on imported fuels and at lowering energy costs for residents. Exxon has said it will halt production to fulfill a commitment made with local authorities to have the pipeline connected by year end, despite delays on the government-run onshore part of the project.
- Zacks
Halliburton (HAL) Secures Deepwater Well Contract in Namibia
Halliburton (HAL) plans to extend its operational facilities in order to support its product service lines in Namibia.
- Bloomberg
Chevron CEO Sees Exxon Arbitration Resolved in Coming Months
(Bloomberg) -- Chevron Corp. expects a resolution to a dispute with Exxon Mobil Corp. over a Guyana oil contract in coming months that would allow for the completion of the $53 billion acquisition of Hess Corp. this year. Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Int
