REDUCTION IN GAS FLARING EARNS CAT CUSTOMER A WORLD BANK EXCELLENCE AWARD

October, 2015

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By capturing, using and selling flare gas that otherwise would be released into the environment, Hess Corporation is reinforcing its commitment to sustainable operations—and the World Bank is taking notice.

In September, in Khanty-Mansiysk, Russia, Caterpillar Oil & Gas accepted an award of excellence from the World Bank Global Gas Flaring Reduction Partnership (GGFR) on behalf of Hess and GTUIT, a manufacturer of mobile gas treatment systems in which Caterpillar is a minority shareholder. Hess is using 15 of GTUIT’s mobile gas capture and natural gas extraction units at well sites in North Dakota’s Bakken oilfield.

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