Hess Corporation’s Working Interest in the Consortium

Introduction

Over this week’s and the column to follow I shall provide a summary overview of ExxonMobil’s two consortium partners in crude oil and gas exploration, appraisal and production in Guyana, largely confined so far to the bountiful Stabroek block.  These are the Hess Corporation with a 30 percent working interest and CNOOC Nexxen Guyana Petroleum with 25 percent interest. These are considered below in the order indicated here.

Upfront, the focus of these two columns is on filling the informational deficits readers may face because of the scantiness of coverage, given that I have failed over the past six years to dedicate a single full column to this task.