Conocophillips News

 

North Sea Gas Field Discovered in 1977 Starts Production 6 Months Ahead of Schedule

Oct 16, 2023

ConocoPhillips has started production from the Tommeliten A field, located in the Greater Ekofisk Area in the North Sea, offshore Norway.Natural gas from the new ConocoPhillips-operated field is being produced and delivered nearly six months earlier than planned, ConocoPhillips said Friday.The Tommeliten A Unit licensees are PGNiG Upstream Norway AS, ConocoPhillips Skandinavia AS, TotalEnergies EP Norge AS…

ConocoPhillips Books Semi-submersible Drilling Rig For Norwegian Sea Project

May 31, 2023

Norwegian offshore drilling company Odfjell Drilling has secured a contract with ConocoPhillips for the Deepsea Yantai semi-submersible drilling rig.The contract, which Odfjell Drilling agreed on behalf of the rig owner CIMC Raffles, includes the drilling of one firm well…

ConocoPhillips Sees 'light at end of the tunnel' for Venezuela Claims - CEO

May 05, 2023

U.S. oil and gas producer ConocoPhillips on Thursday said it sees 'light at the end of the tunnel' in long-running claims for expropriation of its Venezuelan assets, as it appeals an $8 billion arbitration award and pursues another lawsuit in the U…

ConocoPhillips Raises Emission Reduction Targets, Expects $10B in Annual Spending

Apr 12, 2023

U.S. oil producer ConocoPhillips on Wednesday unveiled a 10-year plan that raised its targets for greenhouse gas reductions and put its annual capital expenditure at about $10 billion on average, ahead of an investor meeting.Houston-based ConocoPhillips…

Australia: ConocoPhillips Becomes Operator of VIC/P79 Offshore Block. Drilling to Start in 2024/2025

Mar 16, 2023

ASX-listed oil and gas company 3D Oil has completed the farmout of 80% interest and operatorship of VIC/P79 offshore block in Australia to ConocoPhillips, after the approval of the transfer of title documentation by the National Offshore Petroleum Titles Authority ('NOPTA')…

U.S. Firm to Build 34MW Offshore Wind Farm to Power Oil Platform in China

Nov 11, 2022

U.S. oil company ConocoPhillips and China's CNOOC have recently announced the start of the Penglai offshore wind farm pilot project, aimed at harnessing wind power to supply power to the Penglai oil field. This is China’s largest offshore oil…

ConocoPhillips Joins QatarEnergy's North Field South Expansion as Final International Partner

Oct 31, 2022

QatarEnergy has selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project. The project comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA).The…

ConocoPhillips Scandinavia Raises Security Level after Drone Sightings

Sep 30, 2022

The Scandinavian unit of ConocoPhillips, a major oil and gas producer in Norway, has this week elevated the security level and emergency preparedness at its offshore and onshore facilities, the company said in a statement on Friday.'We confirm having made drone observations…

ConocoPhillips Drills Duster at Bounty Prospect Off Norway

Jul 11, 2022

Oil company ConocoPhillips has drilled a dry well at the Bounty prospect in the Norwegian Sea, offshore Norway, and will plug and abandon the well.ConocoPhillips drilled the wildcat well 6306/3-2 some 30 kilometers south of the Fenja field in…

ConocoPhillips, PGNiG Get Safety Approvals to Drill Offshore Wells in Norway

Jun 06, 2022

U.S. oil company ConocoPhillips and Polish firm PGNiG last Friday received consents from the Petroleum Safety Authority Norway to drill their respective exploration wells offshore Norway.ConocoPhillips received approval to drill the Lamba exploration well in block 25/7 in the North Sea…

ConocoPhillips Slashes Slagugle Discovery Size Estimate After Appraisal Well Dud

May 30, 2022

U.S. oil company ConocoPhillips has reduced the estimate of the size of its Slagulge oil and gas discovery in the Norwegian Sea, after a nearby appraisal well came up dry.To remind, ConocoPhillips in December 2020 said it had made a „significant“…

ConocoPhillips Files Development Plan for Offshore Oil Field in Norway

May 09, 2022

ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the U.S. petroleum company said.Known as Eldfisk North, the development is part of the wider Ekofisk area…

Nearly 80 Years of Output: Norway's Iconic Ekofisk Oil Field Could Stay In Production Until 2048

Apr 20, 2022

Oil and gas company ConocoPhillips has received license extensions for the production licenses in the Greater Ekofisk Area offshore Norway from 2028 to 2048. Ekofisk, Norway's first commercial offshore oil discovery made in 1969, was brought online in 1971…

Climate Activist Sees More Shareholders Pressing ConocoPhillips on Emissions

Apr 13, 2022

An activist shareholder who last year convinced a majority of ConocoPhillips investors to approve a measure calling for emission cuts said the oil major did not fully follow through and said he expects to win even more support this year for a similar proposal…

ConocoPhillips Extends Solstad PSV Trio

Mar 31, 2022

Three Solstad Offshore platform supply vessels (PSV) have secured new contracts with energy company ConocoPhillips Skandinavia, the Norwegian offshore vessels owner announced on Thursday.Normand Server, Normand Supporter and Normand Fortune…

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