COP’s Exploration Strategy From Norway To Argentina

(ConocoPhillips, 30.Mar.2020) — ConocoPhillips’ exploration strategy emphasized flexibility and discovering new barrels accretive to its existing portfolio.

The company’s 2019 exploration focused on select business units: Alaska, Lower 48, Canada, Norway and Malaysia — where existing infrastructure and experience can be leveraged. In addition to these focus areas, ConocoPhillips concentrates on international exploration opportunities that provide both scale and flexibility, with international new-venture activity ongoing in Latin America, including a new position in Argentina.