Last year we reported on the mega-merger between Chevron and Hess. In some major news, ExxonMobil is seeking to pre-empt the deal in the Stabroek block, offshore Guyana.

With vast discovered resources, the Guyana assets were surely a significant gem in this deal. The results of the legal case could have ramifications for major corporate deals in the future.

We also take a look at some more M&A activity that's going nowhere - BP and ADNOC's proposed deal with Israel's NewMed Energy involving the huge Leviathan field. This deal has been put on hold due to the current tensions in the region.

Chevron-Hess Merger Video:    • EXXONMOBIL-Pioneer & CHEVRON-Hess meg...  
Guyana-Suriname Playlist:    • Guyana & Suriname  
M&A Playlist:    • Oil & Gas Mergers & Acquisitions  

BEOS 2024: https://www.beosevent.com/
SPE: https://www.spe-london.org/events/spe...

All of the information in this video can be found in TROVE databases. TROVE is a 'must have' for E&P companies working in this region.

Get in touch today to find out more about our TROVE databases - we'd be happy to arrange a demo:
[email protected]
https://www.1stsom.com

All images used in the video are open source. References are provided on-screen and can be found within TROVE.

Mega Merger Moves Nowhere - Mike's Musings (part 1)
00:00 Introduction
01:15 ExxonMobil - Chevron News
04:05 What is a Joint Operating Agreement?
05:46 What is pre-emption?
09:35 Israel - BP, ADNOC, NewMed on hold
10:57 Join us at BEOS/SPE/MMEA
12:15 Summary
13:23 Outro & Coopers Bloopers