Hess HOVENSA Partnership
A rare Hess Toy Truck set was commissioned to recognize HOVENSA. This joint venture brought together Hess and Latin American operations to produce oil products in the US Virgin Islands. HOVENSA was a joint venture between Hess Oil Corporation and the Venezuelan oil company, PDVSA (which was its main crude oil supplier). HOVENSA was the largest private employer in the US Virgin Islands and the company operated a 500,000-barrels-per-day crude oil refinery on St. Croix, along with two specialized oil processing facilities, a 150,000-barrels-per-day fluid catalytic cracking unit, and a 58,000-barrels-per-day delayed coker unit. It was Hess’ only crude oil refinery. Hess also owned and operated a 70,000-barrels-per-day fluid catalytic cracking unit in Port Reading, New Jersey, to supply its retail outlets in the Northeast which has since been sold.
HOVENSA Highlights:
Headquarters – Christiansted, VI Type Company – Private
Employed 1,000 to 5000 Employees
Commissioned – 1966
Revenue – $100 to $500 million (USD) per year