ConocoPhillips i Norge
ConocoPhillips i Norge (ConocoPhillips Skandinavia AS) is the Norwegian subsidiary of US-based ConocoPhillips, operating 13 oil and gas fields on the Norwegian continental shelf with net production of 121,000 BOE/day, primarily serving European energy markets via the Greater Ekofisk Area hub.
- Company typePrivate
- Founded1969
- HeadquartersTananger, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ConocoPhillips i Norge does
ConocoPhillips i Norge (legal entity ConocoPhillips Skandinavia AS) is the Norwegian operating subsidiary of US-headquartered ConocoPhillips Company (NYSE: COP), one of the world's largest independent exploration and production companies. Founded following the 1969 discovery of the Ekofisk field, the company operates from Tananger, Norway, as one of the largest operators on the Norwegian continental shelf, with ownership interests in 13 fields and net production of approximately 121,000 BOE/day in 2025. The Greater Ekofisk Area (GEA) is the operational hub, comprising 6+ billion BOE of cumulative production since 1971, with Ekofisk alone accounting for 4.2 billion barrels and a reservoir recovery rate increased from 17% to over 50% through successive technology applications.
The company's technology stack includes subsea production systems, coiled tubing drilling, glass-plug abandonment systems, offline stimulation, digital twin infrastructure for reservoir and asset modeling, and autonomous underwater vehicles (gliders/sea drones) for environmental monitoring. Recent capital projects include Tor II (first oil 2020, NOK 6.4 billion), Tommeliten A (first oil 2023, NOK 13 billion), Eldfisk North (first oil May 2024, NOK 10.5 billion), and the PPF Project (FID December 2025, PDO approved May 2026, first oil planned Q4 2028). Operating practices emphasize low emissions intensity (Eldfisk North 7 kg CO2/BOE; Tommeliten A 7.5 kg CO2/BOE) and substantial local supply-chain commitment at NOK 10-12 billion in annual Norwegian contract awards.
The business model generates revenue by selling oil, natural gas, and condensate into European energy markets via pipeline (Norpipe) and tanker loading at Teesside. Pricing follows Brent crude and TTF gas benchmarks. Production is operated jointly with partners including Vår Energi, Petoro, PGNiG Upstream Norway, Orlen Upstream Norway, TotalEnergies, Sval Energi, and Equinor across various license groups. Over 50 years, the company has generated approximately 2,600 billion NOK in value creation and contributed 1,200 billion NOK in taxes and fees to Norwegian society, with license extensions granted through 2048 securing a multi-decade production runway.
ConocoPhillips i Norge firmographics
Firmographics- Name
- ConocoPhillips i Norge
- Legal name
- ConocoPhillips Skandinavia AS
- Website
- https://conocophillips.no
- Company type
- Private
- Founded year
- 1969
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ConocoPhillips i Norge (ConocoPhillips Skandinavia AS) is the Norwegian subsidiary of US-based ConocoPhillips, operating 13 oil and gas fields on the Norwegian continental shelf with net production of 121,000 BOE/day, primarily serving European energy markets via the Greater Ekofisk Area hub.
- Ownership category
- akta.pro rank
ConocoPhillips i Norge industry classification
Industry- Product category
- Upstream Oil and Gas Production
- NAICS
- Crude Petroleum Extraction (21112), Oil and Gas Extraction (2111), Oil and Gas Extraction (211)
- SIC
- Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382)
- akta.pro primary industry
- Offshore E&P (Shallow/Deepwater, Subsea Production Systems) (EUALAAAI)
- akta.pro secondary industries
- Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF), Well Completions & Stimulation (Hydraulic Fracturing, Sand Control) (EUALAAAE), Offshore Natural Gas E&P (Shallow & Deepwater) (EUAAAAAF), Oil & Gas Midstream & Pipeline O&M (Pipelines, Compressor Stations) (EUAEAGAF)
Keywords
Where ConocoPhillips i Norge is headquartered
LocationHeadquarters
- HQ city
- Tananger
- HQ country
- Norway
- HQ region
- Europe
Offices4 records
Markets served
ConocoPhillips i Norge business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations
Revenue model
- Oil and Gas Production Sales: Exploration and production of oil and natural gas on the Norwegian Continental Shelf. Revenue generated from sale of crude oil, natural gas, and condensate produced from operated and partner fields including Ekofisk, Eldfisk, Tor, Tommeliten A, and other assets in the Greater Ekofisk Area.
- Gas Processing and Transportation: Natural gas processing and transportation services through infrastructure including Ekofisk Complex and Teesside Terminal for delivery to European markets
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
ConocoPhillips i Norge product offering
Product offeringCore offering
ConocoPhillips i Norge is an exploration and production company operating on the Norwegian Continental Shelf, focusing on offshore oil and natural gas production. The company operates the Greater Ekofisk Area hub comprising the Ekofisk, Eldfisk, Tor, Embla, and Tommeliten A fields, plus subsea redevelopment projects such as Tor II, Eldfisk North, and the Previously Produced Fields (PPF) Project. Production is processed at the Ekofisk Complex and transported via pipeline to Teesside, UK, and into European gas pipeline networks.
Product overview
ConocoPhillips i Norge operates as an oil and gas exploration and production company on the Norwegian Continental Shelf, managing the Greater Ekofisk Area hub. The portfolio consists of the core Ekofisk Complex facilities serving multiple producing fields (Ekofisk, Eldfisk, Tor, Embla) plus recent subsea developments (Tommeliten A, Eldfisk North, Tor II, PPF Project). The company holds ownership interests in 13 fields and produces approximately 121,000 BOE daily. ConocoPhillips also maintains partnerships in non-operated fields like Breidablikk. All production is tied back to existing infrastructure for processing and transportation.
Differentiator
Problem solved
Functional benefit
Products and services
- Ekofisk Field
- Eldfisk Field
- Greater Ekofisk Area (GEA) Hub
- Tor II
- Tommeliten A
- Eldfisk North Project
- Previously Produced Fields (PPF) Project Joint redevelopment of Albuskjell, Vest Ekofisk and Tommeliten Gamma fields in the Greater Ekofisk Area, comprising 11 new wells and four new subsea templates tied back to the Ekofisk Complex, with recoverable resources estimated at 90-120 million BOE.
- Breidablikk Field Major oil field development in the North Sea, one of the largest undeveloped fields on the Norwegian Continental Shelf, with expected recovery of approximately 200 million barrels. Operated by Equinor with ConocoPhillips as a partner, connected to the Grane platform via four seabed templates.
Companies that use ConocoPhillips i Norge
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
ConocoPhillips i Norge technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
ConocoPhillips i Norge partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- Vår Energi ASAcoreLicense partner in Previously Produced Fields Project (PL018B/F and PL044/D) with 52.3% interest in Albuskjell & Vest Ekofisk and 9.1% in Tommeliten Gamma. Vår Energi is a key partner in multiple ConocoPhillips-operated licenses in the Greater Ekofisk Area.
- Orlen Upstream Norway AScoreLicense partner in Previously Produced Fields Project with 7.6% interest in Albuskjell & Vest Ekofisk and 62.6% in Tommeliten Gamma. Major partner in Norwegian shelf operations.
- Petoro AScoreLicense partner in PL018B/F with 5% interest. Petoro represents the Norwegian State's interests in production licenses on the Norwegian Continental Shelf.
- Sval Energi AScoreLicense partner in Eldfisk Field (PL018) with 7.604% interest. Norwegian exploration and production company.
- Equinor Energy AScoreLicense partner in Eldfisk Field with 7.604% interest. Norwegian state-controlled energy company.
- PGNiG Upstream Norway AScoreUnit partner in Tommeliten A with 42.1978% ownership interest. Polish energy company with significant presence in Norwegian exploration and production.
- TotalEnergies EP Norge AScoreUnit partner in Tommeliten A with 20.1430% interest. Major international energy company co-investing in Norwegian shelf developments.
- TotalEnergies E&P UK LimitedminorUK sector partner in Tommeliten A transboundary field with 0.1510% interest.
- ENI UK LimitedminorUK sector partner in Tommeliten A transboundary field with 0.0681% interest.
- ConocoPhillips (U.K.) Holdings LimitedminorUK sector holding company for Tommeliten A with 0.2109% interest.
- Aker SolutionscoreFabricated Tommeliten A process module at Aker Solutions' yard in Egersund for delivery to Ekofisk Complex.
- Stavanger University HospitalminorPartner in NEEDED heart research project led by Chief Doctor Stein Ørn. ConocoPhillips supports cardiac health research benefiting employees and public.
- Akvaplan-nivacoreResearch partner in Glider/Sea Drone project for environmental monitoring. Joint venture agreement extended for three years (2021-2023) to study marine ecosystem impacts of seismic surveys and produced water discharges.
- Norwegian Research CouncilminorCo-funder of first phase of Glider/Sea Drone environmental research project.
- Equinor (Operator)coreEquinor operates Breidablikk field development where ConocoPhillips holds ownership interest. Production connected to Grane platform.
- Pandion Energy AScoreLicense partner in PL891 (Slagugle discovery) with 20% working interest. Exploration partner in Norwegian Sea.
Scale indicators20 records
Recent moves17 records
Expansion highlights5 records
ConocoPhillips i Norge competitors and assessment
Company assessmentDirect peers
- Equinor: Norwegian state-controlled E&P company and the largest operator on the NCS. Directly comparable to ConocoPhillips Norway as a North Sea-focused operator with production, subsea tie-backs, and pipeline/gas export to Europe; also partner in Breidablikk, Eldfisk, and PPF projects.
- Vår Energi: NCS-focused E&P operator with a portfolio concentrated on the North Sea and Norwegian Sea. Direct peer as a co-licensee in several GEA licenses and similar hub-anchored production strategy serving European gas and oil markets.
- Sval Energi AS: Norwegian E&P company with NCS production interests and partner in the Eldfisk Field (PL018). Direct peer sharing the same operating geography, license partners, and infrastructure network as ConocoPhillips Norway.
- Aker BP: Norwegian-registered E&P company operating primarily on the NCS, focused on hub-based offshore production and redevelopment of mature fields. Directly comparable in business model, geography, and tie-back strategy to ConocoPhillips Norway's Greater Ekofisk Area.
Broad incumbents
- TotalEnergies EP Norge: Norwegian arm of global supermajor TotalEnergies, with a meaningful NCS portfolio including a 20.14% stake in Tommeliten A. Broad incumbent peer operating globally but with comparable offshore Norway exposure and tie-back participation.
- Eni S.p.A. Global integrated major with UK sector interest in trans-boundary fields (ENI UK Limited holds stake in Tommeliten A). Broad incumbent with overlapping North Sea production and European gas exposure.
- Shell plc: Global integrated supermajor with historical NCS positions and current European gas/oil offtake that overlaps with ConocoPhillips Norway's customer base. Broad incumbent rather than a direct NCS operator comparable.
Others
- Petoro AS: Norwegian state-owned company managing the State's Direct Financial Interest (SDFI) in NCS production licenses, including stakes in GEA licenses. Comparable as a counterparty on the same production licenses and a co-licensee in PPF, rather than a competing operator.
- Aker Solutions: Norwegian-based EPC and subsea engineering contractor that fabricated the Tommeliten A process module for ConocoPhillips. Adjacent/ecosystem peer as a key supplier and integrator into ConocoPhillips Norway's subsea tie-back projects, rather than an E&P competitor.
Regional players
- PGNiG Upstream Norway / Orlen Upstream Norway: Polish state-aligned upstream entities with material Norwegian offshore positions, including the 42.2% stake in Tommeliten A via PGNiG Upstream Norway. Regional player anchored in Poland energy security interests but operating on the NCS alongside ConocoPhillips.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
ConocoPhillips i Norge social profiles
Digital presenceConocoPhillips i Norge compliance and trust
Trust signalCompliance3 records
ConocoPhillips i Norge financial estimates
Financial estimateRevenue estimate
Valuation estimate
ConocoPhillips i Norge leadership team
Management profileNumber of profiles
Profiles12 records
ConocoPhillips i Norge subsidiaries and ownership
Company hierarchySubsidiaries1 record
ConocoPhillips i Norge funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ConocoPhillips i Norge M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ConocoPhillips i Norge
What does ConocoPhillips i Norge do?
ConocoPhillips i Norge is an exploration and production company operating on the Norwegian Continental Shelf, focusing on offshore oil and natural gas production. The company operates the Greater Ekofisk Area hub comprising the Ekofisk, Eldfisk, Tor, Embla, and Tommeliten A fields, plus subsea redevelopment projects such as Tor II, Eldfisk North, and the Previously Produced Fields (PPF) Project. Production is processed at the Ekofisk Complex and transported via pipeline to Teesside, UK, and into European gas pipeline networks.
Is ConocoPhillips i Norge a public or private company?
ConocoPhillips i Norge is a private company. It is classified as corporate owned and is currently operating.
When was ConocoPhillips i Norge founded?
ConocoPhillips i Norge was founded in 1969. It employs 11 to 50 people.
Where is ConocoPhillips i Norge based?
ConocoPhillips i Norge is headquartered in Tananger, Norway, in the Europe region.
How does ConocoPhillips i Norge make money?
Two revenue lines are on record. Oil and Gas Production Sales are the primary driver. The others are gas Processing and Transportation.
Who are ConocoPhillips i Norge's main competitors?
Direct peers on record are Equinor, Vår Energi, Sval Energi AS and Aker BP. Broad incumbents are TotalEnergies EP Norge, Eni S.p.A. and Shell plc. Others are Petoro AS and Aker Solutions. PGNiG Upstream Norway / Orlen Upstream Norway is listed as a regional player.
Does ConocoPhillips i Norge have an API?
No public API is recorded for ConocoPhillips i Norge.
What industry is ConocoPhillips i Norge in?
ConocoPhillips i Norge's product category is Upstream Oil and Gas Production. Its primary akta.pro industry code is EUALAAAI, Offshore E&P (Shallow/Deepwater, Subsea Production Systems), with a secondary code of EUALAAAF, Production Operations & Well Optimization (Artificial Lift, Flow Assurance). Its NAICS code is 21112 and its SIC code is 1311.