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ConocoPhillips considers exiting US Gulf of Mexico operations

US oil and gas player ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the US Gulf of Mexico (GoM). This would mark ConocoPhillips exit from US offshore operations, sources with knowledge of the deliberations told Reuters.

Tim Daiss

ConocoPhillips considers exiting US Gulf of Mexico operations

ConocoPhillips has already hired a financial advisory for the potential sale of its 15.96% stake in the Ursa platform. A deal for ConocoPhillips's stake in Ursa and the Princess well is expected to...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.