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INEOS Acquires Hess Upstream Business in Denmark for $150 Million

2021-03-18 13:56:59| OGI

The deal comprises 61.5% of the Hess operated Syd Arne oil field, complementing the 36.8% share INEOS already holds and 4.8% in the INEOS operated Solsort field. 

Tags: business million denmark upstream

 

Hess Tapped to Market Guyana Oil as Search for Partner Continues

2021-02-10 15:02:20| OGI

with no domestic refining nor state oil company, Guyana relies on private companies to market its share of oil.

Tags: search market partner oil

 
 

Hess Posts Smaller Loss as Fuel Demand Picks Up

2021-01-27 14:59:10| OGI

Hess said its average realized crude oil selling price, excluding hedges, rose to $39.45 per barrel in the fourth quarter from $36.17 in the third.

Tags: up posts loss smaller

 

Oil Producer Hess Sees Slight Reduction in Output on Flat Budget

2021-01-25 15:14:35| OGI

Hess forecast net production to average about 310,000 barrels of oil equivalent per day (boe/d) in 2021, excluding Libya, compared with 2020 estimate of 325,000 boe/d.

Tags: flat oil output budget

 

Hess Completes $505 Million Sale of Deepwater Gulf of Mexico Field

2020-11-09 21:00:00| OGI

BHP, operator of the Shenzie Field, had agreed in early October to the acquisition of Hess 28% working interest in the deepwater Gulf of Mexico field for $505 million.

Tags: sale field million mexico

 

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