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Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding additional oil ...

Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production-sharing contract for exploring and developing an offshore oil and gas block, ...

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by ...

Annand Jagesar, managing director at Suriname state-owned oil company and market regulator Staatsolie, confirmed the Macaw-1 ...

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

U.S. oil producer Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the ...

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

Afreximbank acts as global coordinator and mandated lead arranger for $1.6bn facility for Suriname’s Staatsolie ...

PANAMA CITY, May 23, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex") and African Export-Import Bank (Afreximbank), alongside with other 16 financial institutions ...

Suriname’s state oil company Staatsolie aims to soon enter the project. The country’s next government will set policies for other international firms that want to drill in the country’s waters.