EnergyWatch

Oil majors rumored to have joined forces on Ekofisk

According to industry media Upstream, three major oil companies plan to start a partnership for the development of Norwegian oil field Ekofisk.

Photo: ConocoPhillips

Conocophillips, Statoil, and Total plan to join forces in the efforts to develop the big promising oil and gas field Ekofisk in the Norwegian part of the North Sea, according to industry media Upstream, which reports that the three oil majors will combine fields Tor 2, Tommeliten Alpha, King Lear, and Julius and develop them in a joint venture.

On the fields Tor 2 and Tommeliten Alpha, Conocophillips is the current developer along with partner Total, while Statoil has the rights to King Lear and Julius.

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