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It will take several wells to define Kaieteur Block opportunity –...

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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...

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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...

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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

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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

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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...

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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

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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...

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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

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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...

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When it comes to his company's perception of the macro-environment for oil , Hess Corporation’s Chief Executive Officer (CEO), John Hess, recently...