Hess Corporation


All posts for Hess Corporation

Hess Announces Eighth Oil Discovery Offshore Guyana

Longtail-1 well encounters approximately 256 feet of high-quality, oil-bearing sandstone Discovery is in southeast portion of Stabroek Block, near Turbot discovery Adding third drillship to accelerate exploration of high value prospects NEW YORK--(BUSINESS WIRE)--Jun. 20, 2018-- Hess Cor ...

OilVoice Press - OilVoice


Posted 2 days agoPress > HessHess CorporationDiscovery +3

Hess Acquires Interest in New Acreage Offshore Guyana

Hess Corporation (NYSE:HES) today announced that its subsidiary, Hess Guyana(Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15 percent participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Re ...

OilVoice Press - OilVoice


Posted 1 month agoPress > HessHess CorporationOffshore +4

Hess Reports Estimated Results for the First Quarter of 2018

Key Highlights: Increased our share repurchase program by $1.0 billion to a total of $1.5 billion, which is expected to be completed by year-end; repurchased approximately 8 million common shares for $380 million in the first quarter, completing the initial $500 million program Commenced ...

OilVoice Press - OilVoice


Posted 1 month agoPress > Hess CorporationResultsQ1 +4

Hess Announces Seventh Oil Discovery Offshore Guyana

Pacora-1 well encounters approximately 65 feet of high-quality, oil-bearing sandstone Pacora resources to be integrated into third phase of development; will help bring Guyana production to more than 500,000 barrels of oil per day Further drilling on the Stabroek Block planned in 2018 NE ...

OilVoice Press - OilVoice


Posted 3 months agoPress > GuyanaDiscoveryOil +5

Hess Completes Sale of Interests in Norway

NEW YORK--(BUSINESS WIRE)--Dec. 22, 2017-- Hess Corporation (NYSE: HES) announced today that it has completed the previously announced sale of its subsidiary Hess Norge, which owns interests in the Valhall and Hod fields in Norway, to Aker BP ASA for total proceeds of $2 billion, effective January ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Hess CorporationNYSENorway +3

Hess Completes Sale of Interests in Equatorial Guinea

Hess Corporation (NYSE: HES) announced today that it has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective January 1, 2017. “Our 2017 asset monetizations have exceeded expe ...

OilVoice Press - OilVoice


Posted 6 months agoPress > NYSEHess CorporationEquatorial Guinea +3

Hess Presents at Bank of America Merrill Lynch 2017 Global Energy Conference

Highlights Company's High Graded Portfolio, Proforma Cash Flow Growth and Prefunding of “Transformative” Guyana Opportunity Announces $500 Million Share Repurchase Plan in addition to $500 Million in Debt Reduction NEW YORK--(BUSINESS WIRE)--Nov. 16, 2017-- In a presentation at the Bank ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Hess CorporationUnited Statesceo +2

Hess Issues Statement on Impact from Incident at Shell Enchilada Platform in Gulf of Mexico

NEW YORK--(BUSINESS WIRE)--Nov. 13, 2017-- Hess Corporation (NYSE: HES) released a statement today about the impact on its operations resulting from a fire at the Shell Enchilada platform in the Gulf of Mexico. Shell advised in a statement on Nov. 12 that a plan for repairing the damaged portions ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Hess CorporationNYSEGulf Of Mexico +3

Hess to Participate in Bank of America Merrill Lynch 2017 Global Energy Conference

Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will present at the Bank of America Merrill Lynch 2017 Global Energy Conference in Miami Beach, FL on November 16, 2017 at 8:15 a.m. Eastern Standard Time. A live  audio webcast  and a replay of the presentation ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Hess CorporationBank of America Merrill LynchGlobal Energy Conference +1

Hess Sells Interests in Norway; Commences Process to Sell Interests in Denmark

Continued Execution of Strategic Plan to Focus Portfolio on Higher Return Assets, Prefund Development of World Class Guyana Investment Opportunity Hess Corporation (NYSE: HES) today announced several additional steps in the continued execution of its strategic plan to further focus the company ...

OilVoice Press - OilVoice


Posted 7 months agoPress > NYSEHess CorporationAsset Sale +4

Hess Announces Sale of Interests in Equatorial Guinea

Divestment Part of Strategy to Focus Portfolio on Higher Return Assets Hess Corporation (NYSE:HES) announced today that it has entered into an agreement to sell its interests in offshore Equatorial Guinea to Kosmos Energy (NYSE/LSE: KOS) and Trident Energy for a total consideration of $650 mil ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Hess CorporationNYSEEquatorial Guinea +4

Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.” Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural R ...

Will Fine


Posted 10 months agoLink > Permian BasinWhite HouseEnergy policy +51

Wood Group secures new contract with Hess in Malaysia

Wood Group has been awarded a five year contract with Hess Exploration & Production Malaysia. The operations and maintenance contract is to support Hess' new-build fixed and floating offshore facilities in the North Malay Basin development area located approximately 150km north east of the Peninsul ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Wood GroupHess CorporationMalaysia