Partager :
-
Hess Announces Sale of Its Interest in Russia
édité le 02/04/2013 - Plus de news de "HESS" - Voir la fiche entreprise de "HESS"
Hess Corporation announced it has entered into an agreement with OAO LUKOIL to sell 100 percent of its Russian subsidiary Samara-Nafta for a total consideration of $2.05 billion. Based on its 90 percent interest in Samara-Nafta, total after tax proceeds to Hess are expected to amount to approximately $1.8 billion. Samara-Nafta is currently producing 50,000 barrels of oil equivalent per day in the Volga-Urals region of Russia.
So far in 2013, Hess has announced or completed the sale of its interests in the Beryl field in the U.K. North Sea, the Eagle Ford play in Texas, and the Azeri, Chirag and Guneshli fields in Azerbaijan and the associated pipeline. Including Samara-Nafta, the total after tax proceeds from these sales will amount to approximately $3.4 billion.
John B. Hess, Chairman and CEO, said, “As the sale of Samara-Nafta indicates, we are making excellent progress in executing our asset sales program, which is a central component of our plan to transform Hess into a more focused, higher growth, lower risk pure play exploration and production company. Just as important, by applying the proceeds from these divestitures to reduce debt and strengthen our balance sheet, Hess will have the financial flexibility both to fund its future growth and also to direct most of the proceeds from additional asset sales to returning capital directly to its shareholders.”
Closing of the sale of Samara-Nafta is subject to the customary approval process of the Federal Antimonopoly Service of the Russian Federation. Application for this approval process is expected to be filed within the next week.
About Hess Corporation
Hess Corporation is a leading global independent energy company primarily engaged in the exploration and production of crude oil and natural gas.
Origine : Communiqué HESS
Les dernières news de "HESS" |
- 05/06/2023 - Hess Electrifies Bakken Rigs to Reduce Greenhouse Gas Emissions and Lower Energy Costs
- 13/10/2022 - Hess : Llano-6 Well, Gulf of Mexico, Achieves First Production
- 14/09/2022 - Hess : Llano-6 Well, Gulf of Mexico, Achieves First Production
- 28/07/2022 - Hess Announces Two More Discoveries Offshore Guyana
- 27/04/2022 - Hess Announces Three New Discoveries and Increase in Resource Estimate for Stabroek Block, Offshore Guyana
- 07/04/2022 - Hess Sanctions Yellowtail Development, Offshore Guyana
- 06/01/2022 - Hess Announces Two Discoveries Offshore Guyana
- 08/10/2021 - Hess Announces Increase in Recoverable Resource Estimate for Stabroek Block and Significant Discovery at Cataback, Offshore Guyana
- 09/09/2021 - Hess Announces Oil Discovery at Pinktail, Offshore Guyana
- 28/07/2021 - Hess Announces Oil Discovery at Whiptail, Offshore Guyana
- 10/06/2021 - Hess Announces Discovery at Longtail-3, Offshore Guyana
- 04/05/2021 - Hess Completes Sale of Non Strategic Interests in Bakken Acreage
- 28/04/2021 - Hess Announces Oil Discovery at Uaru-2, Offshore Guyana
- 09/04/2021 - Hess Announces Sale of Non Strategic Interests in Bakken Acreage
- 19/03/2021 - Hess Announces Sale of Interests in Denmark
- 09/11/2020 - Hess Completes Sale of Interests in Shenzi Field, Gulf of Mexico
- 06/10/2020 - Hess Announces Sale of Interests in Shenzi Field, Gulf of Mexico
- 02/10/2020 - Hess Sanctions Payara Development, Offshore Guyana
- 08/09/2020 - Hess Announces Oil Discovery at Redtail, Offshore Guyana
- 18/03/2020 - Hess Announces Significant Reduction to 2020 Capital and Exploratory Budget
- 24/02/2020 - Hess Announces First Production from the Liza Field, Offshore Guyana
- 29/01/2020 - Hess Announces 2020 E&P Capital and Exploratory Budget
- 28/01/2020 - Hess Announces Oil Discovery at Uaru, Offshore Guyana; Stabroek Block Recoverable Resources Now Estimated to Be Over 8 Billion Barrels of Oil Equivalent
- 24/12/2019 - Hess Announces First Production from the Liza Field, Offshore Guyana
- 23/12/2019 - Hess Announces Oil Discovery Offshore Guyana at Mako-1
- 30/10/2019 - Hess Announces Gulf of Mexico Oil Discovery and Plans for Tie Back to Tubular Bells Production Facilities
- 16/09/2019 - Hess Announces Another Oil Discovery Offshore Guyana at Tripletail
- 30/08/2019 - Hess Announces Arrival of Liza Destiny Offshore Guyana
- 06/05/2019 - Hess Sanctions Liza Phase 2 Development Offshore Guyana
- 23/04/2019 - Hess Announces 13th Discovery Offshore Guyana
- 07/02/2019 - Hess Announces Two New Discoveries Offshore Guyana
- 07/01/2019 - Hess Provides Update on Drilling and Development Activities Offshore Guyana
- 05/09/2018 - Hess Completes Sale of Utica Acreage
- 31/08/2018 - Hess Announces Ninth Discovery Offshore Guyana
- 24/07/2018 - Hess Announces Increased Resource Estimate for Stabroek Block, Offshore Guyana
- 29/06/2018 - Hess Announces Sale of Utica Acreage
- 21/06/2018 - Hess Announces Eighth Oil Discovery Offshore Guyana
- 27/04/2018 - Hess Acquires Interest in New Acreage Offshore Guyana
- 01/03/2018 - Hess Announces Seventh Oil Discovery Offshore Guyana
- 01/02/2018 - Hess Announces 2018 E&P Capital and Exploratory Budget
- 08/01/2018 - Hess Announces Sixth Oil Discovery Offshore Guyana, Further Increasing Resource Potential
- 29/11/2017 - Hess Completes Sale of Interests in Equatorial Guinea
- 24/10/2017 - Hess Sells Interests in Norway; Commences Process to Sell Interests in Denmark
- 20/06/2017 - Hess Announces Sale of Its Enhanced Oil Recovery Assets in the Permian Basin
- 19/06/2017 - Hess Takes Final Investment Decision for Liza Phase 1 Development Offshore Guyana
- 13/01/2017 - Hess Announces New Oil Discovery Offshore Guyana, Further Increasing Resource Potential
- 01/07/2016 - Hess Encouraged by Favorable Results of Second Well Offshore Guyana; Confirms a World-Class Oil Discovery
- 26/01/2016 - Hess Announces 2016 E&P Capital and Exploratory Budget
- 02/07/2015 - Hess Completes Sale, Establishes Bakken Midstream Joint Venture Valued at USD5.35 Billion
- 11/06/2015 - Hess Announces Bakken Midstream Joint Venture Valued at USD5.35 Billion
|
Toutes les news de "HESS" |
|
|