Hess will relinquish Block 59 in offshore Suriname effective July 8, 2025. The block will return to Staatsolie and become part of the open acreage. Hess fulfilled its minimum work obligations and has decided not to move forward to the next phase of the exploration period, Staatsolie said in a statement.
Equatorial Guinea to launch 2026 upstream licensing round
Equatorial Guinea will launch its EG Ronda 2026 licensing round later this month. The licensing...