Offshore Engineer: Exxon Signals Potential Counter Offer for Hess’s Guyana Assets

Its arbitration filing “could be a negotiating stance,” said Mark Kelly, CEO of financial firm MKP Advisors. Wednesday’s drop in Hess stock “suggests that the market is somewhat happy” with Exxon’s stance it has a right to Hess’ stake in Guyana, he said.

Published by and image courtesy of Offshore Engineer.