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  • [ 25 January 2021 ] Bristow achieves ISO 14001 certification for UK operations News
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photo: Hess
News

Hess named to Dow Jones Sustainability Index (DJSI) North America for eleventh consecutive year

19 November 2020 Editor 0

Hess Corporation has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the eleventh consecutive year. The index, which recognises public companies for outstanding performance across economic, environmental and social […]

The Shenzi Field in the deepwater Gulf of Mexico
Oil/Gas

Hess completes sale of interests in Shenzi Field, Gulf of Mexico

9 November 2020 Editor 0

Hess Corporation – a global independent energy company engaged in the exploration and production of crude oil and natural gas – has announced that it has completed the previously announced sale of its 28% working […]

The Shenzi Field in the deepwater Gulf of Mexico
Oil/Gas

Hess announces sale of interests in Shenzi Field

6 October 2020 Editor 0

Hess Corporation – a global independent energy company engaged in the exploration and production of crude oil and natural gas – has announced that it has entered into an agreement to sell its 28% working […]

Net and gross expected oil curtailments versus gross liquids curtailments (source: Rystad Energy research and analysis, company reporting)
Oil/Gas

Oil producers walk the walk: US shut-ins to reach at least 2 million bpd in June

14 May 2020 Editor 0

US oil producers have been expected for some time to have to shut down oil production as a result of the Covid-19 pandemic, but they were initially slow to move. Now that profitability and storage […]

Capital spending by total investments, company and project (source: Rystad Energy UCube)
Exploration

Guyana-Suriname basin poised for upgrade while oil firms prep to splurge billions on Stabroek

17 February 2020 Editor 0

Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more […]

Global conventional discoveries (source: Rystad Energy ECube, January 2020, and Rystad Energy research and analysis)
Exploration

Global oil and gas discoveries reach 4-year high in 2019

10 January 2020 Editor 0

The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries […]

‘Liza Destiny FPO’, offshore Guyana
Exploration

Oil discovery offshore Guyana at Mako-1

26 December 2019 Editor 0

ExxonMobil reports it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable […]

‘Liza Destiny’, Guyana’s first oil production vessel, arrives at the Stabroek Block
Oil/Gas

Oil production begins at Liza Field, offshore Guyana

23 December 2019 Editor 0

ExxonMobil and Hess Corporation have announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead […]

2018 exploration performance for the most successful companies (source: Rystad Energy UCube and ECube, January 2019)
Exploration

ExxonMobil leads the pack of top explorers of 2018

1 February 2019 Editor 0

Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review. “ExxonMobil was exceptional, both in terms […]

The ‘Stena Carron’ is a harsh environment, dynamically positioned DP Class 3 drillship capable of drilling in water depths up to 3,000 metres
Exploration

ExxonMobil begins drilling Haimara-1 exploration well offshore Guyana

7 January 2019 Editor 0

ExxonMobil reports that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is located 19 miles (31 kilometres) […]

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