On September 30, 2019 ConocoPhillips (NYSE: COP) completed its previously announced transaction to sell two ConocoPhillips United Kingdom (U.K.) subsidiaries to Chrysaor E&P Limited for $2.675 billion, plus interest and customary adjustments. Together, the subsidiaries indirectly held the company's exploration and production assets in the U.K. as well as asset retirement obligations. This disposition is part of the company's ongoing portfolio optimisation which focuses capital investments on future low cost of supply opportunities.
If your contract related to ConocoPhillips (U.K.) Limited (upstream exploration and production), click here to access Vendor Relations on the Chrysaor website.
For ConocoPhillips London office and the Teesside Terminal, the content on this web page applies to vendors therein.
ConocoPhillips suppliers and contractors should read: Terms and conditions applicable for goods and services.
Through business planning, application of commercial expertise, and strategic sourcing, our supply chain management team is committed to ensuring service and material requirements are procured and contracted in a manner that is safe, efficient and compliant with regulations.
All of our sourcing and contracting activities, including supplier selection, are driven by five criteria:
- Health safety and environmental considerations.
- Quality and technological considerations.
- Stakeholder and local benefit requirements.
- Adherence to our business ethics policy and applicable legislation.