Sign up for email updates

To ensure you're always up to date on the latest news and guidance in the Offshore Energies industry sign up.

Email updates
Member News01st Oct 2019

Chrysaor completes ConocoPhillips acquisition

Chrysaor Holdings has confirmed the completion of its acquisition of ConocoPhillips’ UK oil and gas business for $2.68 billion.

The assets acquired produced approximately 72,000 barrels of oil equivalent per day (boepd) in the first six months of 2019. Combined with Chrysaor’s existing portfolio, this represents average first-half 2019 production of 195,000 boepd. The transaction adds two new operated hubs to Chrysaor’s portfolio in the central North Sea – Britannia and J-Block – in addition to an interest in the Clair Field area. Read more…