Tagged Hess

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

Malaysian contractor snaps up two offshore deals

By Bojan Lepic Two subsidiaries of Malaysia’s engineering services company T7 Global were awarded contracts from Carigali Hess and PTS Resources. The post Malaysian contractor snaps up two offshore deals appeared… … Read Full Article Here For more great articles: Offshore Energy Today

Hess posts $2.4 billion loss

By Nermina Kulovic Hess Corporation booked a loss for the first quarter of 2020 due to impairment charges resulting from the low oil price environment. The post Hess posts $2.4 billion loss appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

Hess shaves off $800 million of its budget for 2020

By Offshore Energy Today.. In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has revealed a plan for a significant reduction to its 2020 capital and exploratory… … Read Full Article Here For more great articles: Offshore Energy Today

MMHE bags two jobs offshore Malaysia

By Offshore Energy Today.. Malaysia Marine and Heavy Engineering Holdings Berhad’s subsidiary, Malaysia Marine and Heavy Engineering (MMHE), has secured a contract from Petronas Carigali and another one from Hess for projects… … Read Full Article Here For more great articles: Offshore Energy Today