CONOCO SELLS BRITAIN $2.67 BLN
PLATTS - Chrysaor has agreed to ConocoPhillips' UK upstream business for $2.67 billion in a deal set to make the private equity-backed upstream player one of the biggest oil and gas producers in the UK North Sea.
ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.
ConocoPhillips, which in January dropped…
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