Hess Corp. raises exploratory expenditures view to $4.9B from $4.2B

E&P capital and exploratory expenditures are expected to be approximately $4.9 billion, up from previous guidance of $4.2 billion, reflecting the decision to accelerate the purchase of the Liza Destiny and Prosperity floating production, storage and offloading vessels FPSOs to the fourth quarter of 2024 instead of in 2025