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.
Oxy, Valaris win 2026 offshore safety awards for AI, digital technologies
Oxy and Valaris have received the Center for Offshore Safety's 2026 Safety Leadership Awards for...
