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Hess acquires interest in in the Kaieteur Block, Guyana
May 1, 2018
Source: World Oil

Hess acquires interest in in the Kaieteur Block, Guyana

Hess Guyana (Block B) Exploration Limited, the subsidiary of Hess Corporation, signed an agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15% participating interest in the Kaieteur Block, offshore Guyana. This block is located approximately 250 km offshore the coast of Guyana, adjacent to the Stabroek Block, where Hess has a 30% work interest.

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