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Conocophillips News

 

ConocoPhillips Hires Icon Caren Jack-up Rig for Sarawak Drilling

Feb 14, 2022

U.S. oil and gas company ConocoPhillips has awarded a jack-up drilling rig contract to Malaysia's Icon Offshore for its Sarawak 2022 drilling campaign.The contract is for the Icon Caren jack-up drilling rig, previously known as Perisai Pacific 101…

Shearwater GeoServices, ConocoPhillips 'Reveal' Tech Collab

Feb 04, 2022

Offshore seismic surveyor Shearwater GeoServices has signed a technology sale and transfer deal with the oil firm ConocoPhillips, involving seismic imaging technology that will be implemented in Shearwater's Reveal software.According to Shearwater…

ConocoPhillips Sells Indonesia Assets in Asia-Pacific Revamp

Dec 09, 2021

U.S. oil and gas producer ConocoPhillips will quit Indonesia, selling its assets there for $1.355 billion to domestic energy company Medco Energi Internasional, and beef up in Australia as it continues to reshape.The deals follow ConocoPhillips move to double down on U…

Norway: ConocoPhillips Files Plan for Tommeliten A Offshore Field Development

Nov 08, 2021

ConocoPhillips presented on Monday plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns ($1.46 billion), the U.S. oil firm said.Located in the southern sector of Norway's North Sea…

ConocoPhillips Extends Charter for Another Solstad Offshore PSV

Nov 01, 2021

Solstad Offshore has secured a contract extension with ConocoPhillips for its platform supply vessel Normand Supporter.The one-year extension means the vessel now has a firm contract with ConocoPhillips in Norway until February 2023. The Norwegian…

Shell Exits Permian with $9.5B Sale to ConocoPhillips. Its U.S. Output Now Mostly Offshore

Sep 21, 2021

Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition.For ConocoPhillips…

Archer Bags Long-term Wireline Services Work with ConocoPhillips in Norway

Apr 08, 2021

Oilfield and drilling services provider Archer has won a long-term frame agreement with ConocoPhillips for work offshore Norway.Under the five-year agreement, Archer will provide wireline services on the Norwegian Continental Shelf.Also, Archer…

Malaysia: ConocoPhillips Books Velesto Jack-Up Rig

Mar 26, 2021

Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…

ConocoPhillips, Petronas Carigali Awarded Block Off Sabah, Malaysia

Feb 19, 2021

ConocoPhillips and Petronas Carigali have been awarded Block SB405, offshore Sabah, Malaysia, Petronas has informed.The offshore block is located in the North East Sabah basin, off the coast of Sandakan, with an area size of 5,857 square kilometers and in a water depth of up to 100 meters…

ConocoPhillips to Control Eldfisk 2/7 Bravo Platform Remotely

Jan 06, 2021

Oil company ConocoPhillips has obtained regulatory approval for remote operations of its Eldfisk 2/7 Bravo facility in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, covers the conversion to a new…

ConocoPhillips Makes 'Significant' Oil Discovery Offshore Norway

Dec 22, 2020

ConocoPhillips on Tuesday announced a 'significant' new oil discovery in the Norwegian Sea.The discovery was made in production license 891 on the Slagugle prospect located 14 miles north-northeast of the Heidrun Field in the Norwegian Sea.…

ConocoPhillips Brings Online Tor II Project Offshore Norway

Dec 03, 2020

U.S. oil and gas company ConocoPhillips has via its Norwegian subsidiary ConocoPhillips Scandinavia brought online its Tor II project, a redevelopment of the Tor field, which was in production from 1978 through 2015. The field is located in the Norwegian part of the North Sea…

ConocoPhillips Posts Smaller-than-expected Loss

Oct 29, 2020

Oil producer ConocoPhillips, which is buying Concho Resources Inc for $8.3 billion, posted a smaller-than-expected quarterly loss on Thursday as it benefited from a recovery in crude oil prices from pandemic-driven lows.Oil prices began recovering…

ConocoPhillips Extends North Sea Maintenance Agreement with Aker Solutions

Sep 11, 2020

Norwegian offshore services provider Aker Solutions has been awarded a three-year extension to an existing framework agreement for work at North Sea fields operated by U.S. oil firm ConocoPhillips.Aker Solutions will remain  ConocoPhillips'…

Lime Rock CEO Joins ConocoPhillips' Board

Sep 09, 2020

U.S. oil and gas company ConocoPhillips has appointed Eric Mullins to serve as a board member.Mullins has spent his career in finance, most recently founding Lime Rock Resources in 2005, a private equity fund focused on acquiring and developing low-risk oil and gas properties…

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