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

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 ...

Suriname’s state-owned oil company and market regulator Staatsolie said Hess fulfilled its minimum work obligations but has decided not to proceed with drilling operations in the area.

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