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 relinquishes Block 59 offshore Suriname Hess fulfilled its minimum work obligations and has decided not to move forward to the next phase of the exploration period.

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

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

Hess exits Suriname's Block 59 near the border with Guyana, returning acreage to state oil firm Staatsolie, fulfilling obligations under a 2017 contract.

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 Corporation announced that the fourth platform of the Guyana project is expected to begin operations. Click for my updated look at HES stock now.

Hess Midstream intends to use the net proceeds from the offering, along with borrowings under its revolving credit facility, to redeem its outstanding 5.625% senior notes due 2026.

Despite Chevron Deal Uncertainty, Hess' Guyana Operations Remain Strong Joshua Aguilar , Christian Fleming Feb 1, 2025 Stock Analyst Note ...