Tullow awarded Stena Drilling contract offshore Suriname

Offshore staff

This is in addition to Hess Corp.’s 2020 allocation of $450 million toward exploration and appraisal wells on the Stabroek and Kaieteur blocks offshore Guyana (Hess 30% and 15%, respectively) and two exploration wells in the Gulf of Mexico.  It is estimated the Guyana subsea fields contain enough oil reserves to rival those of Saudi Arabia.