The move provides the company with a new workshop, storage yard, training facilities, and office to deliver its International Organization for Standardization (ISO) certified services in-country.
The Qinhuangdao 33-1S oilfield phase I project is expected to reach its peak production of approximately 6000 bpd of crude oil in 2021.
ConocoPhillips Australia now holds an 80% interest in T/49P in the offshore Otway Basin.
The company has been certified for ISO50001 by ERM CVS.
Europa plans to include FEL 3/19 in a relaunch of the farm-out of its strategic position in the Slyne Basin.
Equinor is the operator of the Krafla licence and Aker BP is the operator of the North of Alvheim and Fulla licences.