26.9 C
Georgetown, Guyana
Tuesday, December 12, 2017

Headquarters

1185 Avenue of the Americas
New York City, New York
Exploration and production: 1501 McKinney Street
Houston, Texas
Website: www.hess.com

Hess Corporation formerly Amerada Hess Corporation is a combination of two companies: Amerada Corporation, an oil producer and Explorer Company founded in 1920 and Hess Oil and Chemical, an oil refinery company, founded in 1966. A merger took place in December 1968 between the two companies forming Amerada Hess Corporation which over the years acquired a number of different arms such as a gas station network, wholesale and retail oil, natural gas & electricity marketing business, refineries and bulk storage facilities. In 2014 Hess as it is known completed a multi-year transformation to an energy company focused solely on exploration and production of crude oil and natural gas by exiting all other downstream operators. The company has exploration and production operations both on shore of the United States and Libya and off shore of Canada, South America (Guyana and Suriname), Europe (Norway and Denmark), Africa, East Asia and Australia. Along with its co venture partners Esso E&P Guyana Limited who owns a 45 percent working interest and CNOOC Nexen Petroleum Guyana Ltd. who has 25 percent interest, Hess Guyana Exploration Ltd who owns 30 percent will be expecting first production of oil in its Guyana exploration in the year 2020. Hess Corporation recently earned The Rocky Mountain Oil & Gas Awards 2016 Award for Excellence in Corporate Social Responsibility for its operations in the North Dakota Bakken.

John Hess | CEO Hess Corporation

John Hess was born in 1954 to a Jewish family, the son of Norma and Leon Hess. His father was the founder of the Hess Oil and Chemical Company which later became the Amerada Hess Corporation and is now known as the Hess Corporation. His maternal grandfather was the former Attorney General David T. Wilentz who prosecuted Bruno Richard Hauptmann in the Lindbergh baby kidnapping case.[4] He has two siblings: Marlene Hess and former Pennsylvania State Senator Constance H. Williams.
He earned his undergraduate degree from Harvard College in 1975 and his MBA from Harvard Business School in 1977. He married Susan Elizabeth Kessler in 1984.
Hess became Chairman and CEO of Hess Corporation in 1995. He stepped down as Chairman in May 2013, retaining his position as CEO.

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