Conocophillips Uk Limited News

Technip Gets Important Contract from ConocoPhillips UK

Technip awarded a five-year sub-sea Inspection, repair and maintenance contract by ConocoPhillips U.K. Technip has been awarded a five-year inspection, repair and maintenance (IRM) frame agreement contract by ConocoPhillips (U.K.) Limited for various assets in the Central, Southern North Sea and East Irish Sea. The contract covers diver repair and maintenance solutions for the company’s existing U.K. subsea infrastructure. Technip’s operating center in Aberdeen, Scotland, will execute the contract, which will run from 2012 until 2016, with two two-year options to extend it.

ConocoPhillips Confirms North Sea Discovery

ConocoPhillips confirmed the discovery of a new gas condensate field in blocks 30/6 and 30/7 in the United Kingdom sector of the North Sea, approximately five miles (nine kilometres) west of the Judy field. ConocoPhillips UK Limited is the Operator and holds a participating interest of 36.5 percent in the new discovery along with ENI SpA (33.0 percent) and BG Group (30.5 percent). Exploration well 30/6-6, which ConocoPhillips drilled earlier this year in a water depth of 265 feet (81 meters), confirmed the presence of a hydrocarbon accumulation. An immediate sidetrack of the well, drilled to a total depth of approximately 16,000 feet (4800 meters) True Vertical Depth Subsea (TVDSS), further delineated the discovery.