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

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

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 ...

Petronas is set to commence drilling on Sunday for the first of three wells in Suriname's offshore Block 52. Partnering with ...

Suriname's Staatsolie is seeking to secure $1.5bn (Sr$53.47bn) in bank financing for the Gran Morgu energy project in 2025, reported Reuters, citing sources. This initiative marks Suriname's first ...

Suriname's Staatsolie needs to secure an unprecedented $1.5 billion in bank financing this year to ensure it can participate in the country's Gran Morgu energy project, the head of the state-owned ...

Staatsolie has not yet decided how it will proceed in future in terms of offshore exploration, Daal-Vogelland said. Options under discussion include negotiating contracts directly with companies.

B y Ank Kuipers. PARAMARIBO, June 29 (Reuters) - Suriname's state oil firm Staatsolie is getting ready to offer 60% of the country's offshore blocks for auction over the next 12 months, starting ...

Earlier that year, Staatsolie and Chevron had signed a 30-year production sharing contract for that area, the Block 5, following an auction by the state-run company were Chevron, ...

Suriname’s Staatsolie says Exxon has withdrawn from offshore block November 21, 2024. Sign Up For The Morning Brief. A FREE roundup of top news from Guyana you might otherwise miss.

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 ...