In the Media: Rigzone
Hess Corporation Logo
SEARCH

In the Media: Rigzone

  • Valhall_IraHubel_068_130219_HessValhall106_medium
Rigzone talks with Hess' Senior Vice President of Offshore Brian Truelove on the company's strategy for weathering the low oil price environment.

A recent Rigzone interview with Brian Truelove, senior vice president - offshore, highlighted Hess Corporation's balanced portfolio and Lean culture as keys to its success. In the article, Truelove said that the company's asset portfolio is evenly distributed between onshore and offshore assets, as well as U.S. and international assets. That balance "is enabling the company to not only weather the current storm of low oil prices, but generate future growth," he said.

Truelove also highlighted the company's distinct high-performance culture and emphasis on Lean thinking. Lean originally was used at Toyota, and was later implemented in manufacturing and various industries.

"Hess used it for its onshore unconventional business, but also found that it works just as well offshore," the article explains. "The company has benefited tremendously from using Lean in both its onshore and offshore businesses."

Click here to read the article
 
Latest Hess News
  • Hess Sanctions Liza Phase 1 Development Offshore Guyana

    Full story
  • In the Media: WSJ cites Hess as Part of Bakken Drilling Resurgence

    Full story
  • Hess in the Media: Big Data and Lean Processes

    Data analysis from Hess wells is just one part of the company’s Lean process that continuously removes wasted effort and adds value across Hess Bakken assets.
    Full story