US Alaska M&A | ConocoPhillips consolidates Alaska portfolio by acquiring Chevron’s stakes in certain fields

October 9, 2024/Milan Patel

 

In October 2024, ConocoPhillips announced the acquisition of a package of assets in Alaska from Chevron for US$300 million – a 4.9% stake in Kuparuk River and a partial 0.4% share in Prudhoe Bay.