Tagged Hess

Hess hires Velesto rig for Malaysian gas project

By Melisa Cavcic Hess has picked Malaysia’s rig owner Velesto Energy to carry out the drilling work on a project located offshore Peninsular Malaysia. The post Hess hires Velesto rig for Malaysian gas project appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today

Hess swings to profit amid higher oil & gas prices

By Melisa Cavcic U.S. oil and gas company Hess Corporation has returned to profit in the fourth quarter of 2021, driven by higher oil and gas prices The post Hess swings to profit amid higher oil & gas prices… … Read Full Article Here For more great articles: Offshore Energy Today

Hess takes more interest in Exxon’s Guyana block

By Nermina Kulovic Hess Corporation has increased its interest in an ExxonMobil-operated block located off Guyana on the back of recent oil discovery. The post Hess takes more interest in Exxon’s Guyana block… … Read Full Article Here For more great articles: Offshore Energy Today

Hess Corporation swings to first-quarter profit

By Bojan Lepic Oil and gas company Hess Corporation has reported a net income of $252 million in the first quarter of 2021, a completely different picture than the one from the first quarter of 2020 when the… … Read Full Article Here For more great articles: Offshore Energy Today

Hess offloads Denmark assets to Ineos for $150 million

By Nermina Kulovic Hess Corporation has entered into an agreement to sell its subsidiary Hess Denmark to Ineos E&P for a total consideration of $150 million. The post Hess offloads Denmark assets to Ineos for $150… … Read Full Article Here For more great articles: Offshore Energy Today

Hess allocates 41 pct of budget to Guyana projects

By Nermina Kulovic Hess Corporation has allocated the majority of its E&P budget for 2021 to Guyana developments and the Bakken with Guyana getting 41 per cent. The post Hess allocates 41 pct of budget to Guyana… … Read Full Article Here For more great articles: Offshore Energy Today

Hess sinks deeper into the red but production grows

By Nermina Kulovic Hess Corporation saw its net loss deepen in the third quarter of 2020 compared to the prior-year period while its production increased by 11 per cent. The post Hess sinks deeper into the red but… … Read Full Article Here For more great articles: Offshore Energy Today

Hess sinks deeper into the red

By Nermina Kulovic Hess sank deeper into the red during the second quarter of the year compared to the same period last year as its revenues dipped on lower oil and gas prices. The post Hess sinks deeper into the… … Read Full Article Here For more great articles: Offshore Energy Today