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ConocoPhillips explores sale of Norway business and UK Teesside asset

Source: reuters.com

M&A & RestructuringEnergy Markets & Prices
ConocoPhillips explores sale of Norway business and UK Teesside asset

ConocoPhillips is evaluating a potential sale of its Norway business and Teesside asset in the UK after receiving an unsolicited offer. The company disclosed no valuation, timeline, or indication that a transaction is likely, but a sale could reshape its North Sea asset portfolio.

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