PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Jul.2025, Words: 364) — Hess (Suriname II) Exploration Limited will relinquish Block 59 in offshore Suriname on 8 Jul. 2025. The block will return to state-owned 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, which concludes on 8 Jul. 2025, according to Staatsolie.