ConocoPhillips Unloads Legacy British North Sea Assets For More Than $2 Billion

Transaction Type
Basin
UK North Sea
Announce Date
Post Date
Close Date
Estimated Price
$2,675.0MM
Description

Purchased two ConocoPhillips UK subsidiaries holding the company’s E&P assets the UK North Sea plus East Irish Sea assets and interest in the Clair Field area located in the West of Shetlands.