Search results for: Hess Corporation

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  • 2 December 2010

    The Board of Directors of Hess Corporation today declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on January 3, 2011 to holders of record at the close of business on December 20, 2010. Hess Corporation, with headquarters in New York, is a global integrated energy […]

  • 3 March 2011

      The Board of Directors of Hess Corporation declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on March 31, 2011 to holders of record at the close of business on March 14, 2011. Hess Corporation, with headquarters in New York, is a global integrated energy […]

  • 2 June 2011

      Hess Corporation declared a regular quarterly dividend of 10 cents per share payable on the Common Stock of the Corporation on June 30, 2011 to holders of record at the close of business on June 16, 2011. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, […]

  • 3 January 2011

    Hess Corporation announced that it will hold a conference call on Wednesday, January 26, at 10 a.m. Eastern Standard Time to discuss its fourth quarter 2010 earnings release. Hess Corporation, with headquarters in New York, is a global integrated energy company engaged in the exploration, production, purchase, transportation and sale of crude oil and natural […]

  • 23 September 2015
    Equipment

    Vallourec, a tubular solutions provider, is delivering 14,000 tons of tubes in the scope of a contract with Hess Corporation for the Stampede project in the US Gulf of Mexico. Vallourec is providing over 5,000 tons in various sizes of oil country tubular goods (OCTG) for the critical deepwater development wells. Vallourec says that over […]

  • 20 May 2014
    Research & Development

    Hess Corporation (Hess)  commemorated the recently completed expansion of the Tioga Gas Plant which more than doubles the operational capacity of the facility on Monday, May 19. The project is part of a more than $1.5 billion infrastructure investment made by Hess between 2012 and 2014 in North Dakota that has significantly increased production of propane, methane, butane and natural […]

  • 12 June 2015

    Hess Corporation said that it has agreed to sell a 50 percent interest in its Bakken shale midstream assets to Global Infrastructure Partners for $2.675 billion.

  • 12 June 2015

    Hess Corporation said that it has agreed to sell a 50 percent interest in its Bakken shale midstream assets to Global Infrastructure Partners for $2.675 billion.

  • 6 August 2010
    Business & Finance

    Hess Corporation  announced today that it has agreed to sell $1.25 billion of notes with a 5.60% coupon maturing on February 15, 2041 in a registered public offering led by Goldman, Sachs & Co., J.P. Morgan Securities Inc., Morgan Stanley & Co. Incorporated, Deutsche Bank Securities Inc. and RBS Securities Inc. Hess expects to use […]

  • 21 June 2010
    Business & Finance

    Hess Corporation  today announced it has exercised its right to pre-empt Total’s sale to BP of its interests in a pair of Norwegian North Sea offshore fields, Valhall and Hod. Hess will gain additional interests of 7.85 percent in Valhall and 12.5 percent in Hod for $496 million in cash. Together with the completion of […]

  • 7 June 2011
    Business & Finance

    Hess Corporation announced today that it has filed a Notice of Discovery with the Minister for Energy of Ghana for the Paradise-1 exploration well in the Deepwater Tano / Cape Three Points license, offshore Ghana. The well encountered an estimated 490 net feet of oil and gas condensate pay over three separate intervals. The well […]

  • 2 March 2017
    Operations & Maintenance, Project & Tenders

    McDermott International has been awarded a contract from Hess Corporation for subsea tieback work for the deepwater Penn State Deep (PSD) field in the Gulf of Mexico.  Scott Munro, McDermott’s vice president for Americas, Europe and Africa said: “This marks our first project with Hess Corporation in recent history and we look forward to providing […]

  • 13 November 2013
    Business & Finance

    Aegean Marine Petroleum Network Inc. yesterday announced that it has entered into an agreement to acquire the U.S. East Coast bunkering business of Hess Corporation. This transaction, for a purchase price of $30 million, plus an amount to be paid for inventory, is subject to customary closing conditions and is expected to be completed during […]

  • 7 July 2015

    Hess Corporation said it has completed the previously revealed sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion.

  • 7 July 2015

    Hess Corporation said it has completed the previously revealed sale of a 50 percent interest in its Bakken midstream assets to Global Infrastructure Partners for cash consideration of $2.675 billion.

  • 10 April 2014
    Business & Finance

    Obiang Nguema Mbasogo, Equatorial Guinea’s President, met with John Barnett Hess, Hess Corporation CEO, to strengthen the long-term and growing partnership between the company and the West African Nation. During the meeting, President Obiang and Hess discussed the company’s continued investment in the country’s energy, education and science sectors. Hess representatives praised the socio-economic development […]

  • 1 November 2013

    Hess Corporation today completed the previously announced sale of its Energy Marketing business to Direct Energy, a North American subsidiary of Centrica plc, for a total consideration of $1.2 billion. Proceeds were higher than originally announced due to increased working capital at closing. The Energy Marketing business supplies natural gas and electricity to 23,000 commercial, […]

  • 30 September 2010
    Business & Finance

    Hess Corporation today announced the completion of two transactions that bring Hess’ interests in a pair of Norwegian North Sea offshore fields, Valhall and Hod, to 64.05 percent and 62.5 percent respectively. On Sept. 29, Hess and Shell concluded a strategic trade in which Hess assumed Shell’s 28.09 percent interest in the Valhall field and […]

  • 1 November 2019

    Hess Corporation has made an oil discovery at the Esox-1 exploration well located in Mississippi Canyon Block No. 726 in the deepwater Gulf of Mexico. Esox-1 was drilled in 1,405 meters of water and encountered approximately 58 meters of high quality oil bearing Miocene reservoirs. Esox-1 is located approximately 10 kilometers east of the Tubular […]

  • 25 October 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Hess Corporation announced that they will proceed with the development of Tubular Bells, a deepwater oil and gas project operated by Hess in the Gulf of Mexico. Discovered in 2003, Tubular Bells is located approximately 135 miles southeast of New Orleans in the Mississippi Canyon area. The field lies in water depths ranging from 4,300 […]

  • 1 December 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Proserv has secured a contract win worth in excess of $20 million with Hess Corporation for the provision of a 12-well subsea control system along with associated topside and subsea interface equipment for the deepwater Stampede development, situated in the Gulf of Mexico. Work for the project will be carried out in various Proserv subsea […]

  • 17 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Subsea 7 has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico. The scope of work involves installation of flowlines, steel catenary risers, umbilicals, jumpers and associated subsea architecture which tie-back two drill centres to a tension leg platform hosting drill […]