Hess Limited · London United Kingdom
Company Description
Phone: +44-207-331-3000
View Hess Limited Locations On A US Map
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This link will open in a new window Hess Limited is not limited to the exploitation of crude oil. The company is a crude oil and natural gas exploration and production company. Hess primarily operates on the UK continental shelf, where it is a major producer of oil and gas in the traditional North Sea oil patches and also in the Atlantic to the west of the Shetland Islands. Hess Limited is a subsidiary of US-based Hess Corporation . To improve its operating margins, Hess has put some of its North Sea fields up for sale following oil and gas tax increases made by the UK government. To read the full description, subscribe now.
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Key Hess Limited Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,474.8 |
| Employees | 703 |
Hess Limited Executives
5 executives listed for Hess Limited's London, location.
| Title | Name & Bio | Contact |
| President | John O'Connor | Network |
| VP and Secretary | G.C. Barry | Network |
| VP Investor Relations | Jay Wilson | Network |
Competition
Competitive Landscape for Hess Limited
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Hess Limited Competitors
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