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 firm Staatsolie said on Tuesday, adding the block would now return to ...

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

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

Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by partners Exxon Mobil and Equinor in 2024 to Hess.

US independent Hess has relinquished exploration rights to Block 59 in the ultra-deepwater portion of Suriname. Suriname’s state-owned oil company and market regulator Staatsolie said Hess fulfilled ...

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

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