Wednesday, October 25, 2017
Offshore News

Hess Building a War Chest With 2.5 Billion Barrel Offshore Discovery in Mind

By Alex Nussbaum (Bloomberg) — With $2.7 billion in oilfield sales this week, Hess Corp. is making a calculated bet, giving up steady production today to help fund what could...

October 25, 2017
Total Views: 2

Friday, June 16, 2017
News

Exxon, CNOOC, Hess Partner On $4.4 Billion Mega Oil Project In Guyana

By Ernest Scheyder (Reuters) Exxon Mobil Corp said on Friday it and partners would spend $4.4 billion to develop part of the Liza oilfield off the coast of Guyana, approving...

June 16, 2017
Total Views: 16

Wednesday, January 7, 2015
stena forth drillship
News

Riskiest Oil Projects Crushed by Price Collapse

Dangerous and difficult oilfields that looked like goldmines when crude fetched more than $100 a barrel have turned into money pits as oil crashes to multi-year lows.

January 7, 2015
Total Views: 0

Monday, November 24, 2014
maersk resolute
News

Maersk Resolute Extended by Hess

Maersk Drilling reports today its jack-up rig Maersk Resolute will continue to be employed by Hess until April 2016 after four one-well contract options were exercised.  The estimated value of...

November 24, 2014
Total Views: 5

Wednesday, October 29, 2014
stena forth drillship
News

Hess and Partners Reach FID for Stampede Development

Hess, along with their joint venture partners Union Oil (Chevron), Statoil and Nexen, all of which have a 25 percent working interest, have reached a final investment decision to proceed...

October 29, 2014
Total Views: 6

Wednesday, July 17, 2013
Okume Ebano TLP
News

MODEC Gets the Green Light for Stampede TLP

Tokyo-based MODEC International has announced the execution of a contract with Hess Corporation to provide Engineering and Management Services for the Stampede tension leg platform (TLP), a production facility which...

July 17, 2013
Total Views: 4

Monday, February 20, 2012
technip deep blue
News

Technip Wins Hess SURF Contract for Tubular Bells

Technip was awarded a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at...

February 20, 2012
Total Views: 9

Tuesday, October 25, 2011
Offshore News

Hess Plans Development Of Tubular Bells GOM Project

Hess Corp. (NYSE:HES) is planning to proceed with the $2.3 billion development of a deepwater oil and gas project in the U.S. Gulf of Mexico, using a configuration of equipment...

October 25, 2011
Total Views: 10

Thursday, July 14, 2011
Valhall platform Kjetil Alsvik BP HESS production platform
Fire Incidents

UPDATE: BP’s Valhall Platform Still Shut Down Following Fire

Image by Kjetil Alsvik –Average production of 60,000 barrels equivalent a day to be lost as result of shutdown –Accident to be investigated by Norwegian authorities, BP –Any possible connection with...

July 14, 2011
Total Views: 0

Wednesday, July 13, 2011
shale natural gas production
Blog

Hess LNG withdraws from Rhode Island, opposition claims LNG would risk “tearing up our waterways”

Last month, Hess Energy announced that they will be withdrawing plans for an LNG facility in Fall River, Massachusetts. Many opponents of the facility boasted a victory to the state, claiming...

July 13, 2011
Total Views: 8