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Gold/Mining/Energy : Chevron -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (114)	6/10/2025 4:20:10 PM
From: carranza2	Respond to of 119

Grok 3 thinks that CNOOC likely gets to participate (short version): Conclusion: If Exxon wins the arbitration, CNOOC, as Exxon’s partner, likely has the contractual right to participate in the "win" by exercising a right of first refusal to bid on Hess’s 30% stake in the Stabroek block, per the JOA. However, whether CNOOC actually participates depends on the specific terms of the agreement, the arbitration ruling’s scope, and CNOOC’s strategic and financial priorities. No definitive evidence confirms CNOOC’s exact role or intent, but its involvement in the arbitration filing suggests it could benefit alongside Exxon if the panel rules in their favor. The outcome remains uncertain until the ICC panel decides.[] (https://www.reuters.com/business/energy/hess-guyanas-secret-value-becomes-part-exxon-arbitration-sources-say-2024-08-20/)[](https://www.reuters.com/business/energy/exxon-says-it-is-confident-it-will-win-dispute-over-chevron-hess-deal-2025-05-29/)[](https://www.bairdmaritime.com/offshore/exploration-development/oil-megamergers-exxon-cnooc-challenge-hess-corporations-sale-of-its-guyana-assets-to-chevron)