Chris Cox and Curium Resources going after North Sea’s untapped discoveries
A “fundamental belief” that the UK should be developing its North Sea resources is the big driver behind Chris Cox’s new vehicle, Curium Resources.
A “fundamental belief” that the UK should be developing its North Sea resources is the big driver behind Chris Cox’s new vehicle, Curium Resources.
ConocoPhillips (NYSE: COP) has been put on divestment watch by some of Europe’s biggest pension funds, after using proceeds from a recent debt financing to expand its business in oil sands.
The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the nationalization of Venezuela’s Cerro Negro and La Ceiba crude projects in 2007.
President Joe Biden authorized a giant ConocoPhillips oil project in northwest Alaska that environmentalists argue has no place in a warming world, even as he sought to bar future drilling across US Arctic waters and lands.
A worker could have been killed, safety inspectors have said, after his arm was crushed and later amputated following an incident on a North Sea oil rig.
Will 2023 see the majors, including ExxonMobil, Chevron, Shell, BP, ConocoPhillips, TotalEnergies, and Eni, divest upstream oil and gas assets in Southeast Asia?
Petronas and its Petroleum Arrangement Contractors (PACs) recorded a total of 10 hydrocarbon discoveries in Malaysia in 2022, following the increase of exploration activities in the country.
QatarEnergy (QE) has struck a deal to supply LNG to ConocoPhillips, for delivery to Germany into the 2030s.
Sempra Infrastructure and ConocoPhillips have struck a 5 million tonne per year LNG supply contract, from the planned Port Arthur project in Texas.
TotalEnergies and ConocoPhillips have bought out Hess from Libya’s Waha concession, completing a deal that has taken around a year.
An investigation has been launched after a worker suffered “serious personal injury” on an offshore drilling rig.
ConocoPhillips (NYSE:COP) matched the record performance amongst its energy major peers, announcing $7.4billion in quarterly profits, a near-doubling of its buyback programme and boosted dividends to shareholders.
QatarEnergy (QE) has chosen ConocoPhillips to be its third partner on the North Field South (NFS) LNG development.
Operator ConocoPhillips (NYSE: COP) Skandinavia has concluded the spudding of a wildcat well in the Norwegian North Sea.
Japan’s JERA and Germany’s Uniper have teamed up to back an ammonia project in the US Gulf Coast, with a focus on exports to Germany. In the near term, it should also secure new LNG supplies.
As of 24 August, Westwood Global Energy reports that there are five exploration wells active, four in the Northern North Sea and one in the Norwegian Sea. Since the previous report, two exploration well programmes have completed, with one of the wells successful.
As of 25 July, Westwood Global Energy reports that there are five exploration wells active, three in the Northern North Sea and two in the Norwegian Sea.
ConocoPhillips (NYSE: COP) has received approval from UK and Norwegian authorities for a £1 billion cross-border field in the North Sea.
As of 23 June, Westwood Global Energy reports that there are four exploration wells active, two in the Northern North Sea and two in the Norwegian Sea. Since the last report, five exploration well programs have completed, with three of the wells being successful. The Slagugle appraisal well was P&A in April, with no results released until May when it was reported as a dry well.
Development of the 5.1 trillion cubic feet Greater Sunrise gas and condensate field is back on the agenda for Woodside Energy (ASX:WDS), but the odds of progress look as difficult as ever, reported EnergyQuest. Significantly, all stakeholders in Sunrise should be talking about plate tectonics rather than economics, suggested the consultancy in its latest report.
Equinor is studying the potential for a new 1GW wind farm to power a series of oilfields in the North Sea.
Indonesia’s Medco Energi (IDX:MEDC) is on the lookout for more merger and acquisition (M&A) opportunities in Southeast Asia after successfully buying ConocoPhillips Indonesian assets in a $1.355 billion deal struck last year.
As of 30 May, Westwood Global Energy reports that there are five exploration wells active, two in the North Sea, two in the Norwegian Sea, and one in the Barents Sea.
Fitch Ratings has removed Medco Energi from rating watch, as the oil and gas company has completed the acquisition of the giant Corridor Block from ConocoPhillips, and the outlook is positive. Its long-term issuer default rating is now at B+.
ConocoPhillips and its partners are targeting 90 million barrels of oil from a new North Sea development.