SOURCE: Industrial Info Resources

Industrial Info Resources

July 29, 2016 07:30 ET

Hess Corporation's 10 Top-Valued Projects Reflect Plans to Grow Amid Downturn in Oil Prices, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 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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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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