BP Considers Exiting the North Sea
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The operations of the British oil company BBC in the North Sea attract the interest of several investment companies, including Adora and New Knixt+...
BP’s North Sea operations have attracted interest from potential buyers as the British oil group moves forward with its plans to exit the region as part of a broader effort to restructure its portfolio. According to Bloomberg, companies looking at BP’s assets include Adura, a joint venture between Equinor and Shell, and NEO Next+, which includes TotalEnergies, Repsol and HitecVision. EnQuest, Harbour Energy, Ithaca Energy, Serica Energy and Var …
BP was considering selling its North Sea operations and that these could be valued at around £2 billion.
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