Azerbaijan International

Autumn 2002 (10.3)
Page 76


New Faces / New Places
ConocoPhillips

The merger between Conoco Inc. and Phillips Petroleum Company has finally been concluded. With operations in 49 countries, ConocoPhillips is now the world's sixth-largest publicly held energy company based on hydrocarbon reserves and production, and the fifth-largest global refiner. Headquartered in Houston, the company has assets of $75 billion, net proved reserves of 8.7 billion barrels of oil equivalent (BOE) and daily production of 1.7 million BOE. In Azerbaijan, the company owns a 20 percent share in the Zafar-Mashal field. Contact: Robert Lambert, General Manager, ConocoPhillips, The Landmark, 96 Nizami Street, 6th Floor, Baku. Tel: (994-12) 97-03-65; Fax: 97-04-18; conocophillips.com.

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