Continuing story · 1 report

BP's proposed UK North Sea fields sale

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Where it stands

BP is seeking to sell its UK North Sea oil and gas fields as part of a $20 billion divestment program. The sale has not been reported as completed or abandoned, so its outcome remains open.

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Story trackerDay 1

1 report9 outlets11 sources1 video

  • No dated events yet
    1. Update 1After 60 Years, BP Puts Its North Sea Future Up for Sale

    The story so far

    1. Update 1

      After 60 Years, BP Puts Its North Sea Future Up for Sale

      BP is selling its entire UK North Sea business — five hubs, 1,100 jobs and 117,000 barrels a day — forcing new PM Andy Burnham into an early test on tax, drilling and industrial renewal.

      Still open after this report

      • No buyer, price, or timetable for completion has been established.
      • It is not yet clear what a change of ownership would mean for jobs, investment, and decommissioning.

    History

    1. Opened1 report

    Who's involved

    People

    • Meg O'NeillAmerican chief executive1 report

    Places

    • LondonLondon, UK1 report
    • North SeaNorth Sea1 report

    Every outlet we read on this story

    11 sources9 outlets1 video