More competitive regulatory terms and greater risk in other oil and gas-producing regions are driving interest in Malaysia, ...

US supermajor ConocoPhillips is quietly progressing with the development of its shallow-water oil discoveries in Block WL4-00 off Sarawak, Malaysia. Kuala Lumpur-based sources said engineering ...

ConocoPhillips has hired the Icon Caren jack-up rig from Icon Offshore's unit for the 2022 drilling campaign offshore Sarawak. The U.S. oil and natural gas major ConocoPhillips has secured the ...

PETALING JAYA: ConocoPhillips’s decision to exit the Salam-Patawali deepwater oil and gas field has not closed the door to future investments by the US oil giant in Sarawak, an assemblyman says.

In a filing with Bursa Malaysia, Icon Offshore said ConocoPhillips Sarawak had on Dec 23, 2021 issued a letter of award to I Oilfield Services Sdn Bhd (IOSSB) for the provision of a jack-up rig to ...

ConocoPhillips has let a contract to Icon Offshore for use of the Icon Caren jack up drilling rig for work offshore Sarawak, Malaysia. The contract—valued at $9.6 million—is for three firm ...

Lo said if ConocoPhillips chose to step away, others will come, especially if Sarawak remains open to international investors and offers a transparent, fair and mutually beneficial investment climate.

ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday on strong production volumes, but warned that weak oil prices would likely lead to output cuts in the industry.

ConocoPhillips COP-1.32 % decrease; red down pointing triangle has agreed to acquire Marathon Oil in an all-stock deal valued at $17.1 billion in a bid to catch up with rivals as drillers race to ...