Deal snapshot: ConocoPhillips Acquires Remaining 50% Stake in Surmont from TotalEnergies.

MANews-(C)2009-2023

Houston-based exploration and production company ConocoPhillips (NYSE: COP) has purchased the remaining 50% interest in Canada-based oil production facility Surmont from TotalEnergies EP Canada Ltd. for approximately USD 2.7 bn cash (CDN 3.7 bn), the company said.

The transaction includes future...

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