Tag: Hess Corporation
Liza production to hit peak in August as water and gas...
Two additional high-quality reservoirs identified at Yellowtail-2 ExxonMobil is currently commissioning water injection equipment and bringing natural gas injection fully online at its Liza Phase...
Striking balance between climate, energy literacy is key – Stabroek Block...
Signatories to the Paris Agreement are expected to significantly reduce greenhouse gas emissions so that global temperatures can be kept below two degrees celsius...
Hess hedged more than 80% of its oil for 2020, says...
Since the onset of the COVID-9 pandemic, Hess Corporation’s response has been hinged on three key principles—preserve cash, preserve capability, and preserve the long-term...
Hess charters 3 supertankers to store oil production
(Bloomberg) -- Hess Corp. is chartering a trio of supertankers to hold more than half of its North Dakota crude production as rapidly filling...
Hess reports US$2.4 billion loss – Liza field helps boost production
Hess Corporation reported Thursday a net loss of $2,433 million, or $8.00 per common share, in the first quarter of 2020 even as oil production...
Saudi-Russia oil price war could lead to global economic recession –...
CEO of Hess Corporation John Hess said the fallout from the current oil price war between Russia and Saudi Arabia could lead to a...
Stabroek reservoir quality, low break-evens continue to promise high returns for...
In providing asset highlights during an investor presentation on February 11, Hess Corporation said the 16 discoveries made so far at the Stabroek Block...
Potential grows for more than 5 FPSOs at prolific Stabroek Block
With the gross recoverable resource estimate now above 8 billion barrels of oil equivalent at the Stabroek Block, co-venturers ExxonMobil, Hess and CNOOC are...
Development drilling for giant Liza Phase 2 project set to begin...
Development drilling for the 220,000 barrels per day Liza Phase 2 project offshore Guyana will begin next month as US oil major ExxonMobil ramps...
Liza Phase 1 approaching 75,000 barrels per day
Oil production at Guyana’s first ever offshore development – Liza Phase 1 - is ramping up with daily output now around 75,000 barrels per...