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 ...

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

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

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

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

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 ...

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

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 ...

About Staatsolie Maatschappij Suriname N.V. ("Staatsolie") Staatsolie is Suriname's state-owned energy company, engaged in exploration, production, refining, retail fuel distribution and power ...

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