ConocoPhillips weighs sale of Norway, Teesside operations after unsolicited bid
COP•ConocoPhillips is evaluating a potential sale of its Norway and Teesside operations after receiving an unsolicited offer. It will sell only if bids meet its value expectations; otherwise, it will retain the assets.
1. Sale review
ConocoPhillips is evaluating a potential sale of its Norway and Teesside operations after receiving an unsolicited offer. The review aligns with its portfolio optimization strategy, and a sale is contingent on meeting its value expectations; if bids fall short, it will retain the assets.
