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Home›News›Statoil joins ConocoPhillips in Chukchi oil hunt
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January 26, 2010 · about 16 years ago

Statoil joins ConocoPhillips in Chukchi oil hunt

ConocoPhillips has agreed to let Statoil take a stake in an exploration areas in the Chukchi Sea offshore Alaska where initial drilling is planned in two years time. The US-based oil major has said Statoil is taking a 25% stake in its leases held with 50% equity in the Chukchi Sea which were acquire

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ConocoPhillips has agreed to let Statoil take a stake in an exploration areas in the Chukchi Sea offshore Alaska where initial drilling is planned in two years time. The US-based oil major has said Statoil is taking a 25% stake in its leases held with 50% equity in the Chukchi Sea which were acquired in a federal Offshore Continental Shelf lease sale in 2008.

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