Hess Stabroek Block operation is self funding

Hess Stabroek Block operation is self funding – CFO

Kaieteur News- Hess Corporation’s operation offshore Guyana is generating enough revenues to be self-funding, the company’s Senior Vice President and Chief Financial Officer, John Riley has said. Riley disclosed that the upcoming Yellowtail project is set to deliver a substantial boost in free cash flow for the American oil company during an interview, highlighting the […]

Yellowtail Project to drive massive free cash flow growth for Hess Corporation – CFO

kaieteurnewsonline.com - 30/12/2024 06:08

Kaieteur News- Hess Corporation’s Senior Vice President and Chief Financial Officer, John Riley, has confirmed that Guyana’s offshore oil...

‘Our Stabroek Block estimate is higher than Exxon’s 11B barrels figure’ – Hess CEO

kaieteurnewsonline.com - 08:30

Kaieteur News- Hess Corporation’s Chief Executive Officer (CEO), John Hess, has disclosed that his company’s estimate of discovered resources in...

Purchase of FPSOs to reduce Hess’ low operating cost – CFO

kaieteurnewsonline.com - 28/12/2024 06:33

Kaieteur News- Hess Corporation has disclosed that the purchase of two additional Floating Production, Storage, and Offloading (FPSO) vessels, is a...

Installation activities for Exxon’s 4th oil project to be completed in June

kaieteurnewsonline.com - 06/Jan 06:58

Kaieteur News- ExxonMobil Guyana Limited (EMGL) is presently conducting installation activities in the Yellowtail field within the Stabroek Block to...

Exxon to submit full plan for 7th project – Routledge

kaieteurnewsonline.com - 06/Jan 07:59

Kaieteur News- Some time this year, ExxonMobil Guyana Limited (EMGL) is expected to make a full submission of its Field Development Plan (FDP) for the...

ExxonMobil bullish about seizing remaining opportunities in Stabroek Block before license expires in 2027

kaieteurnewsonline.com - 30/12/2024 06:11

Kaieteur News- ExxonMobil is confident it will capture all remaining opportunities in the Stabroek Block offshore Guyana before its exploration...

Exxon to respond to final audit report of US$7.3B expenses before the end of January

kaieteurnewsonline.com - 31/12/2024 07:24

Kaieteur News- Before the end of January 2025, ExxonMobil Guyana Limited is expected to address the findings of the finalized audit into its US$7.3...

Guyanese Govt very supportive of Chevron entering Stabroek Block – Hess tells conference

kaieteurnewsonline.com - 08:24

Kaieteur News- John Hess, the Chief Executive Officer (CEO) of Hess Corporation, on Tuesday, said that the Guyanese government has strongly...

‘Guyana’s Stabroek Block success is like a Michelin Star Restaurant’ – Exxon official

kaieteurnewsonline.com - 25/12/2024 05:09

Kaieteur News – ExxonMobil’s Guyana Development Manager Drew Bishop, has likened the development and success of Guyana’s Stabroek Block to the...

No fiscal risks

kaieteurnewsonline.com - 29/12/2024 04:05

Editorial… Kaieteur News- ExxonMobil’s partner, Hess Corporation’s Chief Executive Officer, Mr. John Hess, shoots from the hip. When Guyanese...

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