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.
UK weighs early end to North Sea windfall tax amid talks with oil and gas producers
UK officials are holding talks with North Sea oil and gas producers on potentially ending the...

