ConocoPhillips
US exploration and production company and operator of the Greater Ekofisk Area on the Norwegian continental shelf, whose crude lands at its Teesside terminal in northeast England. On October 1, 2026 it said it is evaluating a sale of its Norway business and Teesside asset after an unsolicited offer.
Record verified against agent research 2026-10-22 as of 2026-10-02 (ConocoPhillips Norway; Reuters via AOL; OilPrice.com). Tracked since 2026-10.
Coverage 1
Evaluates sale of Norway business and Teesside terminal after unsolicited offer
ConocoPhillips told employees, partners and regulators it is evaluating a potential sale of its Norway business and Teesside asset after an unsolicited offer, and will retain them if no offer meets its value expectations. The bidder and terms were not disclosed; Capital One Securities analysts value the package at about $7 billion.