ConocoPhillips said on Friday it would sell its interests in the Ursa and Europa Fields to Shell for $735 million, as part of the shale producer's plan to streamline its portfolio.

In 2024, ExxonMobil Corp. sold its 15.9% interest in the deeepwater Ursa and Princess oil assets to Esperanza Capital Partners and Andros Capital Partners LLC (OGJ Online, Feb. 21, 2024).

ConocoPhillips has agreed to sell two oilfields and a pipeline in the Gulf of Mexico to Shell subsidiaries for $735 million. The Houston oil giant said Friday that it would sell the Ursa and ...

The transaction also includes: COP's 15.96% membership interest in the Shell-operated Ursa Oil Pipeline Company LLC, which will be held by Shell Pipeline Company. COP's 1% WI in the Europa ...

Ursa Space develops software that facilitates the integration of satellite and geospatial data into customer workflows. By ...

This deal also includes ConocoPhillips' interests in the Ursa Oil Pipeline Company LLC, the Europa prospect, and an overriding royalty interest in Ursa. Zoë Yujnovich, Shell's Integrated Gas ...

The London-based oil major said this will increase Shell’s working interest in its operated Ursa platform ... Shares in Shell closed 1.7% lower at 2,637.50 pence each in London on Friday.