Hess Denmark News

 

Hess takes Q4 loss, expects momentum

Jan 26, 2017

Hess Corp. posted a US$4.9 billion net loss in Q4, as the company moves forward to focus on its developments offshore Thailand and in the Gulf of Mexico, which are expected to contribute significant production and cash flow. The…

Hess raises 2017 E&P budget by 18%

Jan 12, 2017

US independent Hess will increase its 2017 exploration and production (E&P) budget, turning its attention to activity offshore Norway, Guyana, and the Gulf of Mexico, the company announced on 12 January. Image from Hess…

Expro expands well abandonment team

Jan 05, 2017

Oilfield services provider Expro has strengthened its well abandonment services with the appointment of senior project manager, Bill Inglis. Expro launched four new business capabilities last year, including fully integrated well abandonment services encompassing…

Hess, DNV GL renew asset integrity deal

Jun 22, 2016

Hess Denmark awarded DNV GL a contract to provide asset integrity inspection management of its South Arne field in the Danish North Sea. The agreement, which is estimated to be US$1.5 million (10 million DKK) per year, includes risked…

Hess takes loss, drops 34% in revenue

Apr 27, 2016

Hess Corp. recorded a US$509 million loss in Q1, in addition to a 34% drop in its revenue. Image from Hess. The loss is much wider than the Q1 2015 loss of $389 million. The decrease…

16 Danish North Sea licenses assigned

Feb 29, 2016

Sixteen new licenses for oil and gas exploration in the Danish sector of the North Sea have been granted under Denmark's 7th Licensing Round, pending parliament approval.  The move will see several new foreign operators enter the Danish sector…

Subsea 7 wins North Sea frame agreement

Feb 03, 2016

Subsea 7 has won a three-year frame agreement, with four one-year options, for six North Sea clients: Chevron North Sea, Dana Petroleum (E&P), Hess Denmark, Nexen Petroleum UK, Talisman Sinopec Energy UK and TAQA Bratani. Under the frame agreement…

Hess cuts E&P budget by 40%

Jan 26, 2016

Hess Corp.’s 2016 exploration and production capital and exploratory budget has been reduced 40% compared to 2015, with the bulk of it going to offshore production, developments, exploration, and appraisals. Tubular Bells in the Gulf of Mexico…

Hess taps Fugro for Australian survey work

Jan 18, 2016

Fugro has been awarded a combined geophysical and geotechnical project by Hess Exploration Australia to assist in Hess’ activities in the Northern Carnarvon Basin offshore Northwest Australia. Fugro’s work will include seabed and shallow…

2H Offshore wins two Stampede contracts

Jul 08, 2015

2H Offshore has been awarded two separate contracts, one by Hess Corp. and a second contract by Enbridge Energy Co., to verify the design, fabrication and installation phases of the steel catenary risers (SCRs) for the Stampede field development in the Gulf of Mexico (GOM)…

Harris CapRock wins Stampede contract

May 27, 2015

Harris CapRock Communications, a provider of managed communications services for remote and harsh environments, has been selected by Hess Corp. to provide a turnkey, integrated telecommunications solution to support the Stampede offshore field development project…

Hess hosts congressional delegation at Tubular Bells

Apr 09, 2015

Hess Corp. will host a visit on 9 April of a bipartisan Congressional Delegation to its Tubular Bells oil and gas production facility, located in the Mississippi Canyon area of the deepwater Gulf of Mexico. Tubular Bells…

Tubular Bells topsides lift

Jan 27, 2015

Hess shows the carefully staged choreography of 14 cranes as they hoisted the 1000-tonne Tubular Bells main deck 100ft in the air to set it into place atop the production and cellar decks at a Houma, Louisiana fabrication facility. The Tubular…

Hess cuts budget but stays with deepwater

Jan 27, 2015

New York-headquartered Hess says it is cutting its 2015 capital and exploration budget by 16%, compared to 2014, to US$4.7 billion. While the firm said most of the cash (45%/$2.1 billion) would be spent on its unconventional shale resources…

Enbridge building Stampede pipeline

Jan 13, 2015

Hess awarded Enbridge a contract to build, own, and operate a lateral pipeline estimated at US$130 million, to connect the Stampede development to an existing third-party pipeline system in the Gulf of Mexico. Gulf of Mexico platform…

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