ConocoPhillips nearing Willow FID
Alaska's upstream continues to gain momentum despite environmental concerns
US superindie ConocoPhillips appears close to making an FID on its $8bn Willow oil project in Alaska, after missing two construction seasons due to lawsuits filed by conservation groups against its original federal regulatory approval. The development follows closely on the heels of Australian independent Santos and Spanish energy company Repsol sanctioning the first phase of the Pikka oil project in August, but it appears more significant for the Alaskan oil industry as it opens the National Petroleum Reserve-Alaska (NPR-A) to development. Long and winding road “Project planning [for Willow] has spanned five presidential administrations,” Rebecca Boys, a spokeswoman for ConocoPhillips Alask
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!