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 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.

Suriname is emerging as a significant offshore oil producer, balancing promising geological prospects with the challenges of ...

Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by ...

Exxon (XOM), which led the consortium, transferred operation of the block to Hess (XOM) while maintaining its presence in Suriname with Block 52; Hess (HES) now owns 100% of the license.

Equinor and Exxon Mobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp , with the Norwegian oil producer exiting ...

Norwegian oil company Equinor and US supermajor ExxonMobil have transferred their respective stakes in an exploration block offshore Suriname to US independent Hess, according to a Reuters report ...

Equinor, alongside ExxonMobil, has transferred its ownership in a deepwater exploration block off the coast of Suriname to Hess, reported Reuters. This move marks Equinor's exit from the South ...

Equinor's (EQNR) decision to exit Suriname aligns with the company's broader objective to focus on a few core production areas, such as Norway, the Gulf of Mexico and Brazil.

Equinor and Exxon Mobil transfer stakes in Suriname's Block 59 to Hess as part of Equinor's strategy to focus on core oil and gas production areas.

Norwegian oil company Equinor and US supermajor ExxonMobil have transferred their respective stakes in an exploration block offshore Suriname to US independent Hess, according to a Reuters report.