ConocoPhillips
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The Norwegian government grants a 20-year license extension for Ekofisk.
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Field trials in Alaska and Canada are set to determine if 3D printing can ease supply chain challenges and reduce costs.
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Schlumberger announced that ConocoPhillips will use its DELFI platform to move its data to the cloud.
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The deal resulted from the exercise of ConocoPhillips’ preemption right to acquire the stake when operator Origin Energy had intended to sell it to US energy investment firm EIG Global Energy Partners for $2.12 billion.
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The trend toward drilling longer horizontal wells is growing with lateral lengths of 3 miles reached.
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French major plans to spend $2 billion on the Libyan field to raise production to 100,000 B/D, and add solar power to the national grid.
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Talks between the operators of a trio of competing projects remain active as Canada looks to cut emissions by 40% over the next decade.
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Shell is getting out of the Permian by selling out to ConocoPhillips, which has added to its bets in the west Texas play for the second year in a row.
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The energy transition was present but not at center stage at recent earnings calls as majors celebrated their improving financial performance.
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A fast-moving pressure pulse is the priority of a research and development initiative that, if successful, will result in a new diagnostic technology for horizontal wells in tight reservoirs.