Conoco partner tries to block sale of African offshore areas

A ConocoPhillips partner on Tuesday moved to block the sale of Conoco’s interest in offshore areas off the coast of Africa. Last month, Houston-based Conoco, the world’s largest independent oil producer, announced it agreed to sell its interest in three exploration blocks off the coast of Senegal to Australia’s Woodside Petroleum for about $430 million. RELATED: ConocoPhillips to …
Source: FuelFix