Shareholders will vote on the proposed deal in a meeting whose date is yet to be set, the company said in a U.S. securities filing. Neither Chevron nor Hess can predict the actual date on which the transaction will be completed, it said in the filing.
Exxon Mobil (XOM.N), opens new tab and CNOOC Ltd filed cases before the International Chamber of Commerce last month, seeking to claim a right to a first refusal over any sale of Hess' 30% stake in the giant Stabroek offshore oil block in Guyana.
Hess confirmed the case could drag on until year-end and ultimately block the deal. Separately, Hess has reaffirmed that it does not anticipate the need for regulatory approval from the Guyana government for this deal.