April 18, 2019 / 12:14 PM / a month ago

Conoco sells UK North Sea oil assets to Chrysaor for $2.68 bln

LONDON, April 18 (Reuters) - U.S. energy group ConocoPhillips has sold its assets in the British North Sea to private equity-backed Chrysaor for $2.675 billion, Conoco said on Thursday.

The deal to sell the assets, which produced 72,000 barrels of oil equivalent per day last year, will be backdated to January 2018, Conoco said.

Reuters reported on Wednesday that Chrysaor was closing in on a deal for the assets. (Reporting by Shadia Nasralla; Editing by Mark Potter)

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