Hess in the Media: Upstream Highlights Stampede Topsides Installation
Hess Corporation Logo
SEARCH

Hess in the Media: Upstream Highlights Stampede Topsides Installation

  • The topsides for Stampede being fabricated in Ingleside, Texas

Upstream reported on Nov. 18 that the Stampede Development had achieved a major milestone with the safe and successful installation of the topsides facility, while sticking to its target of delivering first oil in 2018.

“U.S. player Hess’ Stampede tension-leg platform in the Gulf of Mexico has achieved a major milestone after the company successfully lifted the topsides deck on the hull,” the article said.

The platform is under construction at Kiewit Offshore Services in Ingleside, Texas, which built the topsides. Samsung Heavy Industries of South Korea built the hull.

“We successfully lifted and set the topsides deck on the hull,” Hess COO Greg Hill told investors on a conference call.

Hess operates the Stampede project with a 25 percent stake; co-owners are Chevron, Statoil and Nexen.

The facility will have capacity for 80,000 barrels per day of oil and 100,000 bpd of water injection capacity.

Click here to read the article

Latest Hess News
  • Hess: The Oracle of Lean in Oil and Gas

    Lean times require lean measures. And the oracle of lean in oil and gas is New York City-based Hess Corp., which has found that the process of continuous improvement at the center of lean manufacturing also creates the opportunity for profit in a commodity resource business.
    Full story
  • CERAWeek Video: Hess CEO Sees Developing Gap Between Supply, Demand

    The energy industry’s lack of investment in offshore long-cycle projects is bound to create a widening gap between supply and demand by 2020, Hess CEO John Hess recently told a gathering of energy industry leaders, experts, government officials and policymakers in Houston.
    Full story
  • Hess in the Media: Stampede, North Malay Basin Highlighted as Upcoming Cash Generators in Hess CAPEX Budget

    A Subsea Engineering News article reported that “Stampede stays on track for 2018 first oil” and provided updates on the Stampede and North Malay offshore development projects.
    Full story