OGJ Newsletter

12/09/2013
GENERAL INTEREST — Quick Takes Hess to sell Indonesian assets for $1.3 billion Hess Corp. entered into two separate agreements with a joint venture of PT Pertamina and PTT Exploration & Production Co. Ltd. to sell its interests in the Pangkah and Natuna A assets offshore Indonesia for $1.3 billion. The agreements are expected to close before the end of first-quarter 2014. In this year's first three quarters, the assets produced a combined 15,000 boe/d net to Hess. The company is a partner with Kuwait Foreign Petroleum Exploration in Pangkah. The company will use the sale's proceeds to continue repurchasing shares under its existing $4 billion authorization. Earlier this year Hess di...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected