Hess Corp. has acquired an additional 20% interest in the Tubular Bells oil and gas field in the Gulf of Mexico from BP for $40 million.
Offshore staff
NEW YORK -- Hess Corp. has acquired an additional 20% interest in the Tubular Bells oil and gas field in the Gulf of Mexico from BP for $40 million.
The increased ownership will bring Hess' working interest in Tubular Bells to 40%. The company also gains operatorship of the field. Chevron holds a 30% interest and BP will retain 30%.
