In the Media: Rigzone
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In the Media: Rigzone

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02.23.2015
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
 
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