Hess fulfilled its minimum work obligations and has decided not to move forward to the next phase of the exploration period.

US independent Hess has relinquished exploration rights to Block 59 in the ultra-deepwater portion of Suriname. Suriname’s ...

Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by ...

Hess decided to discontinue Block 59 exploration after failing to bring in new partners following Equinor and ExxonMobil's ...

US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The ...

Hess exits Suriname's Block 59 near the border with Guyana, returning acreage to state oil firm Staatsolie, fulfilling ...

U.S. oil producer Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the ...

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil ...

Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a ...

Afreximbank acts as global coordinator and mandated lead arranger for $1.6bn facility for Suriname’s Staatsolie ...

Staatsolie noted that it also has participation interests in blocks 5, 6, 7 and 8, which were part of the Shallow Offshore Bid Round 2020-2021 via POC.