Hess Corporation's 10 Top-Valued Projects Reflect Plans to Grow Amid Downturn in Oil Prices
Hess Corporation's 10 Top-Valued Projects Reflect Plans to Grow Amid Downturn in Oil Prices
SUGAR LAND--July 29, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Oil & gas producer Hess Corporation (NYSE:HES) (Houston, Texas) has endured rough waters amid low commodity prices, cutting exploration and production capital spending for 2016 by 52% to $2.1 billion in the second quarter. But it's on track with a series of plans for growth, which are reflected in the company's 10 highest-valued projects. Industrial Info's project database is tracking $14.19 billion in active Hess projects, spanning five continents and some of the world's most active developments.
Within this article: Details on the 10 highest-valued Hess projects, in global hotspots such as the Gulf of Mexico and offshore Australia and Malaysia.
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