ConocoPhillips strengthens U.S. shale position with $22.5bn Marathon Oil acquisition

Pallavi Madhiraju- November 24, 2024 0

ConocoPhillips has officially closed its $22.5 billion acquisition of Marathon Oil Corporation, marking a pivotal moment in the U.S. energy sector. This all-stock transaction, which ... Read More

Marathon Oil gains stockholder approval for $22.5bn merger with ConocoPhillips, set to transform energy sector

Pallavi Madhiraju- August 30, 2024 0

Marathon Oil Corporation (NYSE: MRO) has announced that it has received the requisite approval from its stockholders for the proposed merger with ConocoPhillips (NYSE: COP). ... Read More

ConocoPhillips to acquire Marathon Oil in landmark $22.5bn all-stock deal

Pallavi Madhiraju- May 30, 2024 0

ConocoPhillips (NYSE: COP) has reached a definitive agreement to acquire Marathon Oil Corporation (NYSE: MRO) through an all-stock transaction valued at $22.5 billion, including $5.4 ... Read More

ConocoPhillips achieves early production start at Eldfisk North project in Norwegian North Sea

Pallavi Madhiraju- May 9, 2024 0

ConocoPhillips and its partners have successfully commenced oil production from the Eldfisk North project, located in the Norwegian North Sea, marking a significant milestone with ... Read More

ConocoPhillips to start $1.24bn Eldfisk North project production in Norway

Pallavi Madhiraju- March 1, 2024 0

The Norwegian Offshore Directorate has given the green light to ConocoPhillips for the commencement of production at the Eldfisk North project. With an investment of ... Read More

Federal judge approves ConocoPhillips’ Willow oil project in Alaska

Pallavi Madhiraju- November 11, 2023 0

A US federal judge has upheld the Biden administration’s approval of ConocoPhillips’ Willow oil project located in the National Petroleum Reserve in Alaska (NPR-A), paving ... Read More

Equinor makes new oil and gas discovery near Oseberg field in North Sea

Pallavi Madhiraju- November 7, 2023 0

Equinor, the operator of production licence 053, has announced a significant discovery of oil and gas at exploration well 30/6-C-2 A, dubbed "Lambda," situated approximately ... Read More

Aker BP kickstarts production from Kobra East & Gekko field ahead of schedule

Pallavi Madhiraju- October 28, 2023 0

Aker BP has declared that the production from Kobra East & Gekko (KEG) in the Alvheim region has commenced, significantly ahead of its initially projected ... Read More

Equinor announces early start of oil production from Breidablikk field

Pallavi Madhiraju- October 23, 2023 0

Equinor confirms the Breidablikk field in the North Sea has initiated oil production four months ahead of its anticipated schedule, and remains within the established ... Read More

TotalEnergies finalizes $3bn sale of Surmont oil sands asset to ConocoPhillips

Pallavi Madhiraju- October 6, 2023 0

TotalEnergies EP Canada Ltd. has successfully completed the sale of its 50% stake in the Surmont oil sands asset and related midstream commitments to ConocoPhillips. ... Read More