ConocoPhillips

Africa Oil & Gas: Woodside faces delay on Senegal oil project over ownership row

Posted on June 12, 2017 by Mozambique Resources Post

A dispute between two Australian energy companies escalated on Thursday, potentially delaying a promising oil project off Senegal which was due to start producing as early as 2021.

Angola Oil & Gas: ConocoPhillips Kamoxi-1 subsalt well in offshore Angola Block 36 disappoints

Posted on November 5, 2014November 5, 2014 by Mozambique Resources Post

ConocoPhillips has announced that the Kamoxi-1 exploration well in Block 36 offshore Angola in the Kwanza Basin has been drilled to a total depth of 22,660 feet. The well will be plugged and abandoned as a dry hole. An after-tax charge of approx. $140 million net to ConocoPhillips will be recorded to dry hole expense in the fourth quarter of 2014, which includes estimated costs through November 2014.