Seadrill (SDRL) Announces New Contracts for Two Drillships [Yahoo! Finance]
Hess Corporation (HES)
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Source: Yahoo! Finance
The West Capella drillship has won a one-well contract with an undisclosed operator in South Korea. The contract is expected to begin in December 2024 and its estimated duration is 40 days. The contract is valued at approximately $32 million, excluding fees for additional services. The valuation includes mobilization fees of $10 million as well. West Capella was used by Mubadala Energy to spud the Layaran-1 exploration well. Per Seadrill's fleet status report released in February 2024, the rig is anticipated to be engaged in an assignment in Indonesia till August 2024. The West Capella drillship is a sixth-generation ultra-deepwater dual activity drillship which was built by Samsung Heavy Industries in 2008. It has a maximum drilling depth of 37,500 feet and can operate in water depths of 10,000 feet. The rig has the capacity to accommodate 180 people. The West Neptune drillship has secured a contract extension with an independent operator in the U.S. Gulf of Mexico, prolonging t
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News
- John Hess Personally Calls Investors to Support Chevron Deal Before Vote [BNN Bloomberg (Canada)]BNN Bloomberg
- Suncor moves on gas station plans, deciding which to renovate and which to sell [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Glass Lewis Recommends Hess Shareholders Vote For Proposed Merger With Chevron [Yahoo! Finance]Yahoo! Finance
- Glass Lewis Recommends Hess Shareholders Vote For Proposed Merger With ChevronBusiness Wire
- Hess Co. (NYSE: HES) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
HES
Earnings
- 4/25/24 - Beat
HES
Sec Filings
- 5/21/24 - Form 425
- 5/21/24 - Form 8-K
- 5/20/24 - Form 425
- HES's page on the SEC website