
BP Puts North Sea Oil and Gas Business Up for Sale
BP has initiated the formal process to sell its oil and gas business in the UK North Sea, marking a significant portfolio overhaul after 60 years of production. The move comes as the UK faces dilemmas regarding its drilling future and has prompted calls for decisive action from political parties.
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BP puts North Sea business up for sale
The decision follows a review of BP's operations and is set to end 60 years of production in the region by the oil giant.
Read full article →BP Puts Its North Sea Drilling Business Up for Sale
The plans are part of the energy giant’s efforts to streamline operations, but BP has deep roots in the region.
By Lisa Friedman
Read full article →BP Starts Process for Potential Sale of Its North Sea Business
BP Plc said it’s starting a process to market its North Sea business for a potential sale, as part of a wider review of the oil major’s portfolio.
By Mitchell Ferman and Dylan Griffiths
Read full article →BP puts its UK North Sea business up for sale
Decision to formally market assets comes after talks with Ithaca Energy
Read full article →BP puts North Sea oil and gas business up for sale
Move, which would end decades of production in area, comes as new CEO tries to simplify firm and cut debt Business live – latest updates BP has put its North Sea oil and gas business up for sale, as it looks to end decades of production from the region. The oil major announced on Friday morning that it had launched a formal process to market its North Sea business for a potential sale. The move comes as BP’s new chief executive, Meg O’Neill, tries to simplify the company and cut its debt le...
By Guardian staff
Read full article →BP Puts North Sea Assets Up For Sale After 60 Years Of Production
A company that once called itself “British Petroleum" may soon have no British production hubs, after BP announces its intention to sell its North Sea business.
By Gaurav Sharma, Senior Contributor
Read full article →SNP calls for ‘decisive action’ as BP reveals plan to sell North Sea operations
The energy giant has said its North Sea operations would be ‘better positioned as part of another company’.
By Craig Paton
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