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

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to ...

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

Suriname is emerging as a significant offshore oil producer, balancing promising geological prospects with the challenges of ...

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

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 ...

Norwegian oil company Equinor and US supermajor ExxonMobil have transferred their respective stakes in an exploration block offshore Suriname to US independent Hess, according to a Reuters report ...

Equinor, alongside ExxonMobil, has transferred its ownership in a deepwater exploration block off the coast of Suriname to Hess, reported Reuters. This move marks Equinor's exit from the South ...

Exxon Mobil, which led the consortium, transferred operation of the block to Hess in a nonfinancial transaction, and continues its presence in Suriname with Block 52. “We fulfilled all our work ...

Hess Corporation (HES) has officially exited Suriname’s offshore Block 59, marking the end of its exploration activities in the area after previously fulfilling its minimum work obligations, per a ...

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