Exxon and Hess Abandon Guyana Oil Block
US companies have abandoned exploration of the Kaieteur block in deepwater Guyana after disappointing exploration results. Exxon, Hess said they now want to focus on the highly productive Stabroek block, where more than 11 billion barrels of oil and gas have been discovered. The Kaieteur block, abandoned by Exxon and Hess, …