Statement of support
Engagement with the EITI
Hess Corporation has provided data to the EITI upon request. In EITI member countries where Hess has invested, operations will be maintained by Hess' joint venture partners. The company's joint ventures operations in Guyana and Suriname remain in the exploration phase. There is currently no extraction or production of oil and/or gas in Suriname. In Guyana, the Liza Phase 1 development delivered the first production in December 2019.
Hess was pleased that the EITI Board approved both Guyana's and Suriname's candidature applications in 2017 and the company continues to be supportive of all countries where it conducts business to join the EITI.
Hess Corporation's annual sustainability reports, which details its strategy and performance on significant safety, environmental, social and governance programs and initiatives are available here.
To comply with EITI revenue reporting and disclosure requirements in countries where the company operates, Hess discloses requested payments based on accounts audited to international standards. In EITI implementing countries where the company has equity interests but is not the operator, Hess complies with the disclosure practices of the operating company as well as country laws and regulations. More information on Hess' commitment to tax transparency can be found here. Hess' social responsibility policy is also available here.