[ TRANSACTION RECORD ]

Goldman Sachs Investment in Hess Corp. — 2023

VERIFIED VECTOR ID: 002139 · tx-235
M SOURCE NODE — FUNDER
Goldman Sachs
Finance United States
$53,000,000,000
EQUITY
23/10/2023
Q DESTINATION NODE — RECIPIENT
Hess Corp.
Company United States
Amount (USD)
$53.0B
Flow Type
EQUITY
Transaction Date
23/10/2023
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Goldman Sachs
AUM 2800000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Hess Corp.
Entity Type Company
Jurisdiction United States
Intelligence Note

Chevron Corporation announced a 53 billion dollar agreement to acquire Hess Corporation, providing the major with a significant stake in the massive Stabroek Block in Guyana. This transaction expands Chevron’s global production and resource base with high-margin offshore assets. The deal is one of the largest strategic consolidations in the history of the international energy industry.

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Primary Forensic Source https://www.chevron.com/newsroom/2023/q4/chevron-announces-agreement-to-acquire-hess/
✓ SOURCE LINKED