Image Credit: Pixabay, Image used for illustrative purpose only.
2 minutes read

ConocoPhillips announces FID for Willow oil and gas project in US

US oil and gas company ConocoPhillips has announced its decision to proceed with the Willow oil and gas project in Alaska.

ConocoPhillips said the final investment decision (FID) will fund the construction necessary to start producing oil.

Based on the estimates by the Bureau of Land Management, the Willow project could generate between $8bn and $17bn in new revenue for the federal government, the state of Alaska, and Alaska Native communities.

Legal Disclaimer:
Offshore Technology
GLOBAL FLOW CONTROL provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above. "

Latest News

  • Pulp and Paper
    1 minute read

    J&F announces R$25 billion for new…

    24 Apr. 2024 | Global Flow Control
  • LNG and Industrial Gases
    2 minutes read

    Shell, TotalEnergies in Talks for Stakes…

    24 Apr. 2024 | Global Flow Control
  • Renewables
    1 minute read

    ONGC plans drilling for first geothermal…

    24 Apr. 2024 | Global Flow Control
  • Power Generation
    3 minutes read

    SaskPower Names Burns & McDonnell as…

    23 Apr. 2024 | Global Flow Control