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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 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 ...

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 ...

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

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 ...

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

Hess Corp, a U.S. oil company, has decided to withdraw its offshore Block 59 in Suriname, said the South American nation’s state oil firm Staatsolie on Tuesday.

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 ...