India's state-run ONGC is reportedly considering bidding for part of ConocoPhillips' (COP)...

|About: ConocoPhillips (COP)|By:, SA News Editor

India's state-run ONGC is reportedly considering bidding for part of ConocoPhillips' (COP) Canadian oil sands holdings worth ~$5B. Conoco has been looking to sell several assets as part of its global restructuring. First round bids, which are due soon, are likely to attract interest from other international parties as well.