UK Oil & Gas Share Fair 2014

Orientation & Exits

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Cautionary Statement

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The following presentation includes forward‐looking statements. These statements relate to future events, such as anticipated revenues,earnings, business strategies, competitive position or other aspects of our operations or operating results or the industries or markets inwhich we operate or participate in general. Actual outcomes and results may differ materially from what is expressed or forecast in suchforward‐looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties andassumptions that may prove to be incorrect and are difficult to predict such as oil and gas prices; operational hazards and drilling risks;potential failure to achieve, and potential delays in achieving expected reserves or production levels from existing and future oil and gasdevelopment projects; unsuccessful exploratory activities; unexpected cost increases or technical difficulties in constructing, maintaining ormodifying company facilities; international monetary conditions and exchange controls; potential liability for remedial actions under existingor future environmental regulations or from pending or future litigation; limited access to capital or significantly higher cost of capital relatedto illiquidity or uncertainty in the domestic or international financial markets; general domestic and international economic and politicalconditions, as well as changes in tax, environmental and other laws applicable to ConocoPhillips’ business and other economic, business,competitive and/or regulatory factors affecting ConocoPhillips’ business generally as set forth in ConocoPhillips’ filings with the Securities andExchange Commission (SEC). We caution you not to place undue reliance on our forward‐looking statements, which are only as of the date ofthis presentation or as otherwise indicated, and we expressly disclaim any responsibility for updating such information.

Use of non‐GAAP financial information – This presentation may include non‐GAAP financial measures, which help facilitate comparison ofcompany operating performance across periods and with peer companies. Any non‐GAAP measures included herein will be accompanied by areconciliation to the nearest corresponding GAAP measure in an appendix.

Cautionary Note to U.S. Investors – The SEC permits oil and gas companies, in their filings with the SEC, to disclose only proved, probable andpossible reserves. We use the term "resource" in this presentation that the SEC’s guidelines prohibit us from including in filings with the SEC.U.S. investors are urged to consider closely the oil and gas disclosures in our Form 10‐K and other reports and filings with the SEC. Copies areavailable from the SEC and from the ConocoPhillips website.

Purpose & Agenda

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Purpose Share our vision as a Supply Chain Group, and our future bid plans 

Agenda Safety – Our Life Saving Rules Who We Are – ConocoPhillips UK Supply Chain & Vision UK North Sea Assets Projects, Upcoming Tenders, & Decommissioning Feedback for You & Conclusion

Together

Safety – New Life Saving Rules

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Who We Are ‐ ConocoPhillips

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UK Supply Chain

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Contribute to the Success of Others…

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Supply Chain Sustainability Video

ConocoPhillips’ North Sea Presence

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Central North Sea 

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East Irish Sea

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Southern North Sea

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TheddlethorpeGas Terminal

Britannia

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Projects – Freon Replacement

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Theddlethorpe Gas Terminal processes 8‐9% of UK gas supply

Scope: provide sales gas dew pointing system to replace the current, Freon‐ based refrigeration system, with a new system using Propane based refrigerant (R‐290).

Projects – Alder Topsides

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Alder field is a HPHT gas condensate reservoir in CNS, which will be developed using the existing Britannia facilities

Fabrication of new process module to receive Alder fluids to be installed on to the existing BLP (mid 2015)

First Gas: 2016

Ongoing Project Scopes

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Freon Alder

Inspection Services PFP Enclosure Manufacture

Cable Pulling NDT and NDE offshore

NDT Riser Burst Test

Bolt Tensioning Riser Survival Test

Leak Testing Leak Testing

Insulation Trace Heating / Insulation

Passive Fire Protection Fibre Optic Cabling

Fibre Optic Cabling Piping Surveys

Cathodic Protection Passive Fire Protection

Trace Heating Rope Access

Chemical Cleaning

Site Services:

Potential Future Opportunities

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2015 2016 2017

Engineering, Operations & MaintenanceCrane Services Electrical Equipment Maintenance and Ex‐

Inspection ServicesSupply and Maintenance of Metering Equipment and Software

Metering Services Bolt Tensioning and Flange Management Services

Nitrogen purging and leak testing Provision of Digital Surveys

Integrated Maintenance Services  (HVAC, Safety, Fire & Gas, Hydraulic)

Engineering Support Services

MSA‐Structural Analysis Services Civil / Construction and Industrial Support Services

Pipeline Inspection Services – UK Support services of flow metering computer systemsDiesel Engine Support ServicesCivil / Construction and Industrial Support Service

Potential Future Opportunities

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2015 2016 2017

Well OperationsTubing Coveyed Perforating Services  Drilling Fluids Directional DrillingCoiled Tubing Equipment and Services Cementing Services ROV and Associated Services

Slickline Equipment & Services Integrated Tubular Running Services Subsea OperationsElectric Logging Conductor Pipe and Associated ServicesSurface Well Testing and Associated ServicesCompletion/Liner HangersHire of Drilling Units

MaterialsBolts & Fasteners Hand ToolsGas Detection & Monitoring ProductsPPE, Work wear and Personal Safety ProductsEngineered ValvesPump SparesInstrumentation

Potential Future Opportunities

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2015 2016 2017

LogisticsProvision of Materials Management + Quayside (R&D)Aviation Services

FacilitiesWaste Management  Verification and Quality Assurance Services  Security Services

Bus Transport Services for AberdeenSpace planning services

Human ResourcesMedical Services

Information TechnologyV Sat Services / fixed Assets  SAP Consultancy Services

Fixed lines and high speed internet services Multi‐Functional Devices

Decommissioning

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Work Scopes• Well Plug and Abandonment 

(P&A)

• Final Cleaning & Disconnect

• Removal, Dismantlement, Disposal

Collaborating Across the Supply Chain

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Remove hurdles to getting business done

Activelymeasure your efficiency and productivity

Open to innovation  ‐1 simple idea

Come Forward – How do you think we can increase efficiency?

2‐way Feedback –Where do you think we can improve?

Thank you!

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Email: sharefair2014@conocophillips.comDedicated resource for one month.