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Hess sees ‘excellent potential’ at Suriname’s Block 42

Hess corporation sees great potential in the offshore Suriname basin where preparations are underway to ramp up the search for hydrocarbons in the Dutch-speaking...

Extensive logging exercise ongoing at Ranger 2 well

Appraisal drilling and related activities are ongoing at the Stabroek Block offshore Guyana as US oil major ExxonMobil moves to assess several discoveries and...

Guyana oil production targeted for possible December start-up

Oil production in the South American country of Guyana is targeted for a possible December start-up at the Liza Phase 1 Development, months ahead...

Hess strikes oil in deepwater Gulf of Mexico

Hess Corporation (NYSE:HES), a 30 percent co-venturer in Guyana’s Stabroek Block, on Tuesday announced an oil discovery at the Esox-1 exploration well located in Mississippi...

Hess $275M deal to help fund Stabroek investment

Hess will receive approximately $275 million in cash and approximately 115 million newly issued units in Hess Midstream Partners LP (NYSE: HESM) as part of a proposed transaction announced on Friday...

Hess will plug 75% of CAPEX in Guyana, Bakken over next...

The Stabroek Block offshore Guyana is being praised as a transformational investment opportunity for Hess Corporation. The company’s 30 percent stake in the prolific...

One oil major walked away, 20 companies said no to Guyana...

The financial risk was high and the prospects of finding oil off the Guyana coast was low in the lead-up to the 2015 drill...

Stabroek reservoirs expected to deliver high production rates – Hess

The deepwater reservoirs in Guyana’s Stabroek block where more than 5.5 billion barrels of oil have been found rank among the best in the...

Hess tops 2019 list of best corporate citizens

Hess Corporation has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens of 2019. The...

Fluids at Yellowtail similar to those of nearby Liza

(S&P Global Platts) Yellowtail, Guyana's latest offshore deepwater discovery, contains oily fluids similar to those of the country's initial find, which is currently being...