Equinor (NYSE:EQNR) and Exxon Mobil (XOM) said Wednesday they have transferred their stakes in deepwater oil and gas exploration Block 59 off the coast of Suriname to Hess (HES); no money changed ...

Equinor, alongside ExxonMobil, has transferred its ownership in a deepwater exploration block off the coast of Suriname to Hess, reported Reuters. This move marks Equinor's exit from the South ...

Equinor and Exxon Mobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp , with the Norwegian oil producer exiting ...

ExxonMobil, the former operator of Block 59, has handed over its 33.34% stake to Hess. Equinor, which owned a 33.33% working interest in the licence, has also withdrawn.

Hess Corporation HES is currently looking for partner(s) to continue exploration at Block 59 offshore Suriname.This block was previously held by a consortium of ExxonMobil, Equinor and Hess, with ...

“We fulfilled all our work commitments for the block and continue to progress the evaluation of our Suriname exploration acreage,” a spokesperson said. Hess now owns 100% of the license.

ExxonMobil, the former operator of Block 59, has handed over its 33.34% stake to Hess. Equinor, which owned a 33.33% working interest in the licence, has also withdrawn.