Europe, Middle East & North Africa
ConocoPhillips has operated in Europe for more than 50 years, with significant developments in the Norwegian sector of the North Sea and Norwegian Sea. In Qatar, the company has interests in a producing field as well as liquefied natural gas production and export. The company also has interests in a concession in Libya.
ConocoPhillips’ operated assets in Europe include fields in the Greater Ekofisk Area offshore Norway and Teesside Oil Terminal in the U.K. Partner-operated assets in Europe are in both the Norwegian sector of the North Sea and in the Norwegian Sea. The company also conducts exploration activity offshore Norway.
In Qatar, the Qatargas 3 joint venture continues providing stable production. In 2022, the company was awarded interests in two new LNG development projects, North Field East (NFE) and North Field South (NFS). Collectively these projects will add 48-million-tonnes-per-annum to the world’s LNG supplies.
In Libya, the company has an interest in the Waha Concession in the Sirte Basin. The ownership share was increased by 4.1% to 20.4% in 2022 following acquisition of Hess Libya Waha Ltd, a joint acquisition with TotalEnergies.
Europe, Middle East & North Africa at a Glance
*Represents proved reserves for the consolidated operations only and excludes equity affiliates.
As of December 31, 2022
2022 Production Mix
Full-year 2022 production in the Alaska segment was 248 MBOED.