photo: Hess Corporation

Hess completes sale of interests in Libya

Hess Corporation has announced it has completed the sale of its 8.16% interest in the Waha Concession in Libya in equal shares to TotalEnergies and ConocoPhillips. As a result of this transaction, TotalEnergies’ interest in […]

The Stabroek Block, located approximately 200 kilometres offshore Guyana, is 626,800 square kilometres

Final investment decision on fourth Guyana offshore project

ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. The company’s fourth, and largest, project in the Stabroek Block is expected to produce approximately 250,000 […]

photo: Stena Drilling Ltd

Stabroek partners make two offshore Guyana discoveries

ExxonMobil and Hess Corporation have announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana. These discoveries will add to the block’s previously announced gross discovered recoverable resource […]

‘Noble Tom Madden’ drillship

Increase in recoverable resource estimate for Stabroek Block and significant discovery at Cataback, offshore Guyana

Hess Corporation has announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent, up from the previous estimate of more than […]