Annand Jagesar, managing director at Suriname state-owned oil company and market regulator Staatsolie, confirmed the Macaw-1 ...

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 ...

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

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

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 ...

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

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

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

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 ...

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