ConocoPhillips to cut workforce by 1,000
ConocoPhillips said it plans to cut a further 6% of its workforce.
ConocoPhillips said it plans to cut a further 6% of its workforce.
Woodside has acquired ConocoPhillips' stake in Senegal for $350million.
ConocoPhillips has been issued with an environmental protection order after a pipeline leaked nearly 2,400 barrels of condensate, an ultra-light form of oil, within an endangered caribou and grizzly bear range in west-central Alberta.
The Chilean state oil company ENAP has struck a deal with ConocoPhillips to explore and eventually exploit gas deposits in the country's Magallanes region.
Ineos boss Jim Ratcliffe is reported to have made a takeover approach to ConocoPhillips for its North Sea assets which was rejected by the company.
ConocoPhillips has until May 10 to report on how it will address non-conformity and improvements on its Ekofisk and Eldfisk fields identified during an audit by Norwegian authorities.
ConocoPhillips posted a $1.5billion first-quarter loss, compared with a year-earlier profit, and cut its spending budget for the second time this year as the slump in crude prices sapped its profitability.
An investigation is underway by ConocoPhillips after a man fell 2metre on the Ekofisk platform in the Norwegian Sea.
Cape has won a multi-million pound contract with ConocoPhillips to carry out work at its facility at Seal Sands on Teesside.
Well services specialist Archer has secured a five-year contract with ConocoPhillips to provide mechanical wireline services in Norway.
Forbes has named Marathon Petroleum has the best company to work in the US.
ConocoPhillips said its chief financial officer will retire after more than 35 years with the company.
Statoil has decided to cancel contract with Maersk Gallant rig.
A fuel company has been fined £3 million after gas leaks on one of its platforms over three years ago. ConocoPhillips admitted safety failings at Lincoln Crown Court following two uncontrolled and one controlled gas release 70 miles off the Lincolnshire coast at the end of 2012.
Aker Solutions' maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips.
ConocoPhillips has admitted to three charges relating to an incident on the Lincolnshire Offshore Gas Gathering System platform in 2012. Lincoln Crown Court was told a “very serious international-level incident” could have caused an explosion at the platform.
ConocoPhillips said up to 50 positions could go after the company offered voluntary redundancy to staff.
BP said production has restarted on its Valhall platform after it was evacuated due to a collision threat from a drifting barge.
The fierce storm that had battered the UK mainland also brought 24 hours of tragedy and chaos to the North Sea, leaving one oil worker dead, an unmanned barge drifting out of control, hundreds of personnel evacuated and production shutdown on several oil platforms.
ConocoPhillips has shut down output at its Eldfisk and Embla fields in the North Sea and is evacuating staff from its Eldfisk platform due to the threat of a drifting barge hitting its installations.
ConocoPhillips will supply the first cargo of U.S. shale oil to be exported since a 40-year ban on such shipments was lifted less than two weeks ago.
ConocoPhillips has been given the green light to extend the lifetime of the Eldfisk oil field in the North Sea.
Wood Group has won a brownfield contract with ConocoPhillips for its assets in Australia.
The chief executive of ConocoPhillips said he expects oil prices to recover next year as investment in new oil output facilities falter. Ryan Lance made the comments as he spoke to journalists in Doha at the International Petroleum Technology Conference (IPTC) in Doha.
WGP Group has won a deal to provide seismic services to ConocoPhillips. The five-year deal includes WGP acquiring seismic data sets on the Ekofisk field in the Norwegian sector of the North Sea. WGP is wholly owned subsidiary of Thalassa Holdings.