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

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

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 ...

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

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

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

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

Staatsolie would have to raise another $2 billion to secure its 20% stake. However, the company's participation in Block 58 could earn it about $700 million a year at peak production, Wood ...

HES exits Suriname's offshore Block 59, capping years of risky exploration after XOM and EQNR pulled out earlier.

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