Tag: ConocoPhillips

Six groups filed a lawsuit on Tuesday in U.S. District Court charging the Interior Department, multiple agencies, and agency officials with violating an array of laws when authorizing ConocoPhillips’ Willow oil and gas project in the National Petroleum Reserve-Alaska.  

Some of the world’s largest energy companies have now signed an Industry Collaboration Agreement to set an industry standard for a digital inventory ecosystem.

Oil and gas giants are looking to sell assets that could fetch a total of $27.5 billion, as they are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, according to energy research firm Rystad Energy.

From 8 to 11 April 2019, Norway's Petroleum Safety Authority carried out an audit of ConocoPhillips Skandinavia AS (Copsas)’s management of emergency preparedness at the Eldfisk Complex, identifying a non-conformity relating to deficiencies in signage and marking. 

Norway granted 83 blocks to explore for petroleum resources in the Norwegian continental shelf. The number of the blocks offered is a record, something that indicates a rising interest from oil companies in Norway’s oil sector. Equinor received the majority, with 13, while Aker BP and Lunding received 11 and 9 operatorships respectively.

One of the world’s largest oil and gas exploration and production companies has been fined after gas leaks on a gas platform off the Lincolnshire coast put workers’ lives in danger.

The USCG recognized Polar Tankers, a ConocoPhillips subsidiary, with the Rear Admiral William M. Benkert Osprey Award for Environmental Excellence

The jackup rig will incorporate dual cantilevers to optimise drilling operations Keppel Offshore & Marine Technology Centre (KOMtech) and ConocoPhillips are jointly designing a first-of-its-kind ice-worthy jackup rig to operate in the harsh Arctic Seas.The jackup rig will incorporate dual cantilevers to optimise drilling operations within a limited time window. The rig is also capable of 14-day self-sustaining operations and is resistant to impacts from ice floes.The joint design project is expected to be completed by end 2013."The features of this jackup rig make it a cost-effective and promising drilling solution for the Arctic Offshore," said Foo Kok Seng, centre director for KOMtech, an arm of Keppel Offshore & Marine.Source: Seatrade Asia

The Bohai Bay oil spills took a toll on the environment in the region

The maritime court in the northern coastal city of Tianjin took up the case on Friday A Chinese court is allowing a $78 million lawsuit brought against ConocoPhillips (NYSE:COP) to move forward, after having dismissed a similar lawsuit in 2011, the state-run Xinhua News Agency reported Friday. The legal action was brought by a group of local aquaculture farmers who believe their sea cucumbers were killed off by two June oil spills in the Bohai Sea. ConocoPhillips had previously acknowledged the leaks.The maritime court in the northern coastal city of Tianjin took up the case on Friday. It pits a group of 29 aqua-farmers against ConocoPhillips China and the China National Offshore Oil Corporation (CNOOC), which operate a joint offshore drilling venture. ConocoPhillips China is a wholly-owned subsidiary of the American oil giant.Approximately 700 barrels of oil and some 2,500 barrels of mineral oil-based drilling mud were released into Bohai Bay during the June incidents. The industrial accidents that led to the leaks occurred at two separate platforms, according to company statements. One platform has been repaired, while the other well is permanently plugged and abandoned, ConocoPhilips said.ConocoPhillips has a 49 percent stake in the field and the remaining 51 ...