Tag: ConocoPhillips
ConocoPhillips Announces Agreement to Sell Interest in Ursa and Europa Fields
ConocoPhillips announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields and Ursa Oil Pipeline Company LLC to Shell Offshore Inc. and Shell Pipeline Company LP, subsidiaries of Shell plc, for $735 million subject to customary closing adjustments.
ConocoPhillips Becomes Sole Operator of Offshore Cluster
Petronas, through Malaysia Petroleum Management (MPM), completed the transfer of operatorship for the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd., making ConocoPhillips’ subsidiary the sole operator of the PSC.
ConocoPhillips Completes Acquisition of Marathon Oil Corporation
ConocoPhillips announced that it has completed its acquisition of Marathon Oil Corporation.
Conocophillips To Acquire Marathon Oil Corporation
ConocoPhillips and Marathon Oil Corporation announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt.
2023 Doing Business Better Award for Alaska Region Given to Stream-Flo...
ConocoPhillips has released the winners of their 2023 Supplier Recognition Award program and Stream-Flo USA is honored to have made the list.
ConocoPhillips Tests Additive Manufacturing
Spare parts are sometimes hard to come by on Alaska's North Slope. Take burner plugs, for instance. These consumable parts, found within ConocoPhillips’ original gas turbines at Kuparuk (a 40-year-old field), aren’t manufactured anymore.
ConocoPhillips to sell Barnett shale field assets
US independent oil producer ConocoPhillips has said that it would sell its assets in the Barnett shale field in Texas to Miller Thomson & Partners LLC for USD $305 million, as part of efforts to reduce exposure to natural gas.
ConocoPhillips three-prong gas capture programs
ConocoPhillips, the US’s largest oil and gas producer, says it has used technological advances and other means to cut the company's annual greenhouse gas emissions in half.
Carbon-capture plant to be constructed
Austin, Texas-based carbon-capture firm Skyonic Corp. has raised USD$9 million from investors which include prominent oil and gas industry players. The funds will be used to begin construction on a full-scale manufacturing facility.
Major companies join for Alaskan resource developm
ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.