Hess Announces Eighth Oil Discovery Offshore Guyana
Hess announced an eighth oil discovery offshore Guyana at the Longtail-1 exploration well, creating the potential for additional resource development in the southeast area of the Stabroek Block. The Longtail-1 well follows previous world-class discoveries on the Stabroek Block at Liza,
Hess to Participate in Citi Global Energy & Utilities Conference
Hess announced today that John Hess, Chief Executive Officer, will present at the Citi Global Energy & Utilities Conference in Boston on Tuesday, May 15 at 4:15 p.m. Eastern Time. A live audio webcast and a replay of the presentation will be available.
Hess Ranked Top Oil and Gas Company on 2018 Best Corporate Citizens List
Hess has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens for 2018. Hess is ranked No. 40 on the 2018 list, moving up 11 places from last year’s ranking. The company has been named to the list each of the last 11 years.
Hess in the Media: Stampede stays astride in turbulent times
Hess credits the successful launch of Stampede to its ability to stick to plan amid change as crucial to its ultimate execution of the project, says Gerbert Schoonman, Hess vice president for global production offshore.
Hess Acquires Interest in New Acreage Offshore Guyana
Hess today announced that its subsidiary, Hess Guyana(Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15 percent participating interest in the Kaieteur Block, offshore Guyana. The Cooperative Republic of Guyana has provided Hess and ExxonMobil an instrument detailing the transfer of interest, which has been completed.
Hess Reports Estimated Results for the First Quarter of 2018
“Our focus for 2018 is on execution and we believe we are off to a very strong start to the year,” Chief Executive Officer John Hess said. “In the first quarter, we increased cash returns to shareholders, reduced debt, exceeded our production guidance, continued to lower our costs and announced two significant oil discoveries offshore Guyana – Ranger and Pacora.”