Tag: Hess Corporation
It will take several wells to define Kaieteur Block opportunity –...
Speaking just days before the results from the Tanager-1 prospect was announced, John Hess, CEO of Hess Corporation, a 15% stakeholder in the Kaieteur...
Hess sees more upside to Guyana’s 9 billion boe estimate, big...
A further increase in the gross recoverable resources is anticipated at Guyana’s Stabroek Block, adding to the recently upgraded 9 billion boe estimate, according...
Liza Phase 2 hull, subsea work now 80% complete – Guyana...
ExxonMobil’s giant Liza Phase 2 development offshore Guyana is on track to begin producing oil by early 2022 adding another 220,000 barrels of oil...
Stabroek Block offers best options in a global industry under pressure
Even as the global pandemic continues to cast a shadow on the oil and gas industry, its unprecedented effects have not eclipsed the attractiveness...
Hess confirms potential for 10 FPSOs at Guyana’s Stabroek Block
Hess Corporation said on Wednesday the development of hydrocarbon resources offshore Guyana now has the potential for up to 10 floating production storage and...
Stabroek Block resources jump to 9 billion barrels of oil equivalent...
Hess Corporation, a 30 percent stakeholder at the Stabroek Block offshore Guyana, said on Wednesday that the estimated gross discovered recoverable resources have been...
Hess ensuring cash keeps flowing to fund capital-intensive projects in Guyana
Hess Corporation, a 30 percent stakeholder in Guyana’s Stabroek Block, has said the South American country is a major part of its growth plans...
Hess sells interest in Gulf of Mexico field to plug another...
Hess Corporation announced Monday that it has entered into an agreement to sell its 28% working interest in the Shenzi Field in...
Hess commits around US$1.8 billion for Payara development
Hess Corporation, a 30 percent stakeholder in Guyana’s Stabroek Block, has committed around US$1.8 billion for the Payara development, representing its net...
Hess sees global demand strengthening by 3 million barrels of oil...
When it comes to his company's perception of the macro-environment for oil , Hess Corporation’s Chief Executive Officer (CEO), John Hess, recently...