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===September 2021 to the present=== In September 2021, ConocoPhillips announced it would buy all of Royal Dutch Shell PLC's assets in the Permian basin for around $9.5 billion in cash.<ref>{{Cite news|title=Shell to Sell Permian Assets to ConocoPhillips for $9.5 Billion|newspaper=Wall Street Journal |date=20 September 2021 |url=https://www.wsj.com/articles/shell-near-deal-to-sell-permian-assets-to-conocophillips-11632168002 |last1=Lombardo |first1=Cara |last2=Eaton |first2=Collin }}</ref> In June 2022, ConocoPhillips became one of the stakeholders in the joint venture with [[QatarEnergy]] for the North Field East (NFE) expansion, holding 3.125%, as well as holding 6.25% stakes in the North Field South (NFS), a second phase expansion of the NFE.<ref>{{Cite web |title=Qatar adds ConocoPhillips to NFE expansion project |url=https://www.naturalgasworld.com/qatar-adds-conocophillips-to-nfe-expansion-project-99013 |access-date=2023-07-28 |website=www.naturalgasworld.com}}</ref> The NFE expansion is expected to begin production by 2025, and the NFS later in 2028.<ref>{{Cite web |date=2022-06-22 |title=ExxonMobil wins North Field East LNG stake |url=https://www.meed.com/exxonmobil-wins-north-field-east-lng-stake |access-date=2023-07-28 |website=MEED |language=en}}</ref> In year 2023, the Biden administration approved ConocoPhillips' request to drill for oil along the Alaskan coast.<ref>{{Cite web|url=https://www.upi.com/Top_News/US/2023/03/13/willow-conoco-north-slope-alaska-oil/7791678725430/|title=White House approves ConocoPhillips Alaska oil drilling project - UPI.com|website=UPI}}</ref> In 2023, Conoco purchased another 50% stake in the [[Surmont]] Canadian facility from TotalEnergies for $3 billion.<ref>{{Cite web |date=2024-02-08 |title=Oil producer ConocoPhillips beats profit views on higher output |url=https://www.reuters.com/business/energy/conocophillips-beats-fourth-quarter-profit-estimates-higher-production-2024-02-08/ |access-date=2024-03-21 |website=Reuters}}</ref><ref>{{Cite web |date=2024-02-12 |title=ConocoPhillips Plans to Slow Down US Production This Year |url=https://www.rigzone.com/news/conocophillips_plans_to_slow_down_us_production_this_year-12-feb-2024-175709-article/ |access-date=2024-03-21 |website=www.rigzone.com |language=en}}</ref> In February 2024, ConocoPhillips prepared to meet providers of leased floating production, storage and off-loading ([[FPSO]]) in preparation for the launch of the FEED competition for Salam-Patawali project offshore [[Malaysia]].<ref>{{Cite web|language=en|url=https://www.upstreamonline.com/field-development/conocophillips-narrows-contractor-field-in-long-awaited-floater-project/2-1-1601411|title=ConocoPhillips narrows contractor field in long awaited floater project|website=UpStream|date=21 February 2024 |access-date=2024-02-27|archive-date=2024-02-23|archive-url=https://web.archive.org/web/20240223200611/https://www.upstreamonline.com/field-development/conocophillips-narrows-contractor-field-in-long-awaited-floater-project/2-1-1601411}}</ref> The project has been developing for several years: in February 2021, permission was obtained for exploration on the Malaysian shelf called SB405, in 2022 conducted seismic exploration in 3D. Also in 2022, FPSO contractors [[Bumi Armada]], [[MISC Berhad|MISC]] and Yinson Holdings were said to have expressed an interest in this project, and Genesis was contracted for engineering services.<ref>{{Cite web|language=en|url=https://www.freemalaysiatoday.com/category/business/local-business/2022/07/14/conocophillips-pushing-ahead-with-sarawak-oil-project/|title=ConocoPhillips pushing ahead with Sarawak oil project|website=FMT|date=14 July 2022 |access-date=2024-02-27|archive-date=2023-05-29|archive-url=https://web.archive.org/web/20230529211427/https://www.freemalaysiatoday.com/category/business/local-business/2022/07/14/conocophillips-pushing-ahead-with-sarawak-oil-project/}}</ref> ConocoPhillips Norwegian subsidiary holds 35% of the Eldfisk North Project which began production in May 2024.<ref>{{Cite web |date=2024-05-09 |title=ConocoPhillips plans $1.1 billion investment as Norway oil sector heats up |url=https://www.reuters.com/business/energy/conocophillips-submits-11-bln-norway-oil-development-plan-2022-05-09/ |access-date=2024-12-03 |website=Reuters}}</ref><ref>{{Cite web |title=Norway: ConocoPhillips announces successful first oil production at Eldfisk North ahead of plan |url=https://www.energy-pedia.com/news/norway/conocophillips-announces-successful-first-oil-production-at-eldfisk-north-ahead-of-plan-195039 |access-date=2024-12-03 |website=www.energy-pedia.com}}</ref> In July 2024, ConocoPhillips took legal action against the [[Joe Biden|Biden]] administration after a new ruling in April of that year blocked oil and gas development on nearly half of Alaska's [[National Petroleum Reserve–Alaska|National Petroleum Reserve]].<ref>{{Cite web |last=Rani |first=Archana |date=2024-07-08 |title=ConocoPhillips challenges Alaska drilling restrictions |url=https://www.offshore-technology.com/news/conocophillips-challenges-drilling/ |access-date=2024-12-03 |website=Offshore Technology |language=en-US}}</ref> In September 2024 ConocoPhillips and [[Uniper]] agreed for a supplying deal which is up to 10 billion cubic metres (bcm) of natural gas for the next 10 years. With this, ConocoPhillips will be able to supply natural gas to [[Uniper]] i.e. in the north- western European zone.<ref>{{Cite web |date=September 20, 2024 |title=Uniper, ConocoPhillips agree to 10-year natural gas supply deal |website=[[Reuters]] |url=https://www.reuters.com/business/energy/uniper-conocophillips-agree-10-year-natural-gas-supply-deal-2024-09-19/}}</ref> In November 2024, ConocoPhillips acquired [[Marathon Oil]] in a $22.5 billion transaction.<ref>{{Cite press release | url=https://www.businesswire.com/news/home/20241121025978/en/ConocoPhillips-completes-acquisition-of-Marathon-Oil-Corporation | title=ConocoPhillips completes acquisition of Marathon Oil Corporation | publisher=[[Business Wire]] | date=November 22, 2024}}</ref><ref>{{Cite news | url=https://www.reuters.com/markets/deals/conocophillips-closes-225-billion-deal-marathon-oil-2024-11-22/ | title=ConocoPhillips closes $22.5 billion deal for Marathon Oil | first=Sourasis | last=Bose | work=[[Reuters]] | date=November 22, 2024}}</ref>
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