Killajoules

ConocoPhillips Notified of Republic of Kazakhstan’s Intent to Pre-empt ConocoPhillips’ Sale of Kashagan Interest
ConocoPhillips (NYSE: COP) today confirmed receiving official notification that the Kazakhstan Ministry of Oil and Gas is exercising its right under the Subsoil Law of Kazakhstan to pre-empt ConocoPhillips’ proposed sale of its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited.

FMC Technologies Receives $26 Million Subsea Equipment Order for ConocoPhillips Bayu Undan Phase 3 Project
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from ConocoPhillips Australia Pty. Ltd. for the supply of subsea equipment for its Bayu Undan Phase 3 project. The order has an estimated value of $26 million.

ConocoPhillips Announces Significant Oil Discovery in Deepwater Gulf of Mexico and Provides Program Update
ConocoPhillips (NYSE: COP) today announced a significant oil discovery from its recently drilled Shenandoah appraisal in the deepwater Gulf of Mexico. The WR51-2 Shenandoah appraisal well encountered more than 1,000 feet of net pay in high-quality Lower Tertiary-aged reservoirs.

AMEC awarded £68 million Clair Ridge hook up contract, North Sea
AMEC, the international engineering and project management company, has been appointed by BP and its co-venturers, Shell, ConocoPhillips and Chevron, to deliver the hook up and commissioning services (HUC) for the two new Clair Ridge platforms.

QGC completes Australia’s longest underwater ‘pipe pull’
Engineers have completed a world-class engineering achievement in simultaneously laying two, 1m-diameter gas pipelines across Gladstone Harbour.

ConocoPhillips Announces Further Progress on Asset Disposition Program with Intended Sale of Nigerian Business Unit
ConocoPhillips (NYSE: COP) today announced it has entered into agreements to sell its Nigerian business unit for a total of $1.79 billion plus customary adjustments.

ConocoPhillips Announces Intended Sale of Algerian Business Unit
ConocoPhillips (NYSE: COP) today announced it has entered into an agreement to sell its Algerian business unit for a total of $1.75 billion plus customary adjustments. The proposed sale is subject to co-venturer preemption rights and Algerian government approval.

Petronas Awards Block Sb311 To Conocophillips, Shell And Petronas Carigali
​PETRONAS has awarded a Production Sharing Contract (PSC) for Block SB311 offshore Sabah to a partnership of ConocoPhillips Sabah Gas Ltd., Shell Energy Asia Limited and PETRONAS Carigali Sdn Bhd.

ConocoPhillips Announces Intention to Sell Interest in North Caspian Sea Production Sharing Agreement (Kashagan)
ConocoPhillips (NYSE: COP) today announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited.

Petronas Anounces Gumusut-Kakap’s First Oil
PETRONAS is pleased to announce that the Gumusut-Kakap field, Malaysia’s second deepwater development, has achieved first oil production on 18 November 2012.