Search results for: ConocoPhilips

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  • 29 October 2015

    Houston-based oil and gas giant ConocoPhillips reported on Thursday a third-quarter net loss of $1.1 billion, compared with third-quarter 2014 earnings of $2.7 billion.

  • 16 June 2011
    Business & Finance

    ConocoPhillips today announced it has signed a Production Sharing Contract (PSC) with the Government of Bangladesh and Petrobangla covering two blocks in the deepwater area of the Bay of Bengal, representing ConocoPhillips’ first investment in the People’s Republic of Bangladesh. ConocoPhillips holds 100 percent of the working interest in the PSC. “ConocoPhillips is pleased to […]

  • 29 April 2016

    Houston-based oil and gas giant ConocoPhillips reported a first-quarter net loss of $1.5 billion, compared with a profit of $272 million a year earlier. The energy giant also slashed its capital guidance, for the second time this year, to manage through this period of low oil and gas prices, ConocoPhillips said in a statement on […]

  • 24 February 2016

    ConocoPhillips, a U.S.-based exploration and production company, is planning for the worst case scenario when it comes to the oil market situation. This was stated on Tuesday by the company’s CEO Ryan Lance, during the IHS CERAWeek energy conference in Houston, Texas. He was responding to a question on when the current downcycle would end […]

  • 29 October 2015

    U.S. oil company ConocoPhillips saw its 3Q profit swing to a $1.1 billion net loss, versus a gain of $2.7 billion a year ago. The company on Wednesday said it would reduce its capital investments further. The company’s result was affected by the termination of a rig contract for a Gulf of Mexico deepwater drillship, […]

  • 2 November 2016

    Oil and gas exploration and production company FAR Ltd. is disputing ConocoPhillips’ sale of three exploration blocks offshore Senegal to the Australian energy company Woodside.  Namely, ConocoPhillips said late last week it had completed the sale of 35% shares in three exploration blocks offshore Senegal, Rufisque, Sangomar and Sangomar Deep. These blocks contain the SNE […]

  • 30 August 2016

    ExxonMobil, BP and ConocoPhilips are looking to exit the Alaska LNG project following a report by Wood Mackenzie stating the project’s competitiveness ‘ranks poorly’ under current market conditions.

  • 4 September 2016

    ExxonMobil, BP, ConocoPhilips back out of Alaska LNG ExxonMobil, BP and ConocoPhilips are looking to exit the Alaska LNG project following a report by Wood Mackenzie stating the project’s competitiveness ‘ranks poorly’ under current market conditions. Gentle leaves Cheniere and joins Souki at Tellurian as CEO Meg Gentle, former executive vice president of marketing at […]

  • 29 January 2016

    Australia’s Decmil Group said it has secured a contract from ConocoPhillips to provide accommodation services at the Australia Pacific LNG plant. Homeground Gladstone, a subsidiary of Decmil will provide ConocoPhillips with accommodation for all shutdown workforce requirements, including major plant shutdowns, Decmil informed on Friday. “The agreement will see Homeground transition, in-line with the market, to the […]

  • 17 July 2015

    Ensco, a UK-based offshore drilling contractor, has informed it has lost a drillship contract it had with a U.S.-based oil company. Namely, Ensco said on Wednesday ConocoPhillips terminated the three-year ENSCO DS-9 drillship contract. Ensco says that under the terms of the contract, ConocoPhillips is obligated to pay Ensco termination fees monthly for two years […]

  • 4 May 2015
    Vessels

    The 135,000 cbm Excel LNG tanker experienced last week a loss of propulsion due to a failed engineering gasket while inbound to Cook Inlet, Alaska. Coast Guard Sector Anchorage said it has issued an order for the vessel to remain anchored in Kachemak Bay near Homer after the 908-foot, Belgium-flagged vessel experienced a loss of […]

  • 11 January 2016
    Vessels

    The ConocoPhilips-operated Australia Pacific LNG has on Saturday shipped its first cargo of liquefied natural gas from its Curtis Island facility near Gladstone.

  • 29 October 2012

    The Norwegian Ministry of Petroleum and Energy of has approved the Plan for Development and Operation (PDO) for the development of the Bøyla field in PL 340, in the Norwegian North Sea. First production from Bøyla is expected in the fourth quarter 2014. The Bøyla field is located approximately 28 km south of the Alvheim […]

  • 29 June 2015

    Origin Energy said it expects that China’s Sinopec will fulfil its obligations under the long-term deal to buy LNG from the US$19 billion Australia Pacific LNG project. The company issued a statement on Monday after market speculation emerged that Sinopec may seek to resell the chilled gas from APLNG amid delays to construction of an import […]

  • 29 June 2015

    Origin Energy said it expects that China’s Sinopec will fulfil its obligations under the long-term deal to buy LNG from the US$19 billion Australia Pacific LNG project. The company issued a statement on Monday after market speculation emerged that Sinopec may seek to resell the chilled gas from APLNG amid delays to construction of an import […]

  • 30 June 2016
    Vessels

    ConocoPhilips-operated Australia Pacific LNG project shipped its first liquefied natural gas cargo to Kansai Electric Power of Japan, from its Curtis Island facility.

  • 4 May 2015
    Vessels

    The 135,000 cbm Excel LNG tanker experienced last week a loss of propulsion due to a failed engineering gasket while inbound to Cook Inlet, Alaska. Coast Guard Sector Anchorage said it has issued an order for the vessel to remain anchored in Kachemak Bay near Homer after the 908-foot, Belgium-flagged vessel experienced a loss of […]

  • 5 May 2015
    Business & Finance

    A 908-foot, Belgium-flagged liquid natural gas carrier (LNG) was stuck in Homer, Alaska for almost five days due to propulsion loss, the US Coast Guard said. The vessel experienced a loss of propulsion due to a failed engineering gasket while inbound to Cook Inlet Monday, April 28th.  As a result, Coast Guard Sector Anchorage issued an order […]

  • 11 June 2014
    Equipment

    ConocoPhillips Australia, the operator of the Darwin LNG export facility, said that it will replace the carbon dioxide (CO2) absorber to extend the life of the 3.7 mtpa LNG facility. Altus Logistics has been contracted to move the new piece of equipment on Sunday 15th June, which will temporarily disrupt the flow of traffic in Yarrawonga and Coolalinga. The 62 kilometre […]

  • 3 January 2016
    Business & Finance

    The first export cargo of U.S.-produced crude oil has departed the port of Corpus Christi on board Theo T crude oil tanker in less than two weeks since the lifting of the 40-year export ban. The cargo of oil and condensate completed loading at NuStar’s North Beach Terminal located in the port of Corpus Christi on […]

  • 2 February 2016
    Vessels

    The ConocoPhilips-operated Australia Pacific LNG project has on Monday shipped a cargo of liquefied natural gas from the Curtis Island facility to South Korea. The 155,300 cbm LNG Jurojin, which is co-owned by MOL and Kansai Electric Power, is expected to dock at Kogas’ Pyeongtaek LNG terminal around February 14, shipping data shows. The APLNG project shipped in […]

  • 23 September 2016

    Alaskan governor Bill Walker said the support of the North Slope producers is critical for Alaska Gasline Development Corporation as it moves closer to assuming the leadership position in the Alaska LNG project.