BP Puts Its North Sea Drilling Business Up for Sale
First publishedJul 31, 12:08 UTC
Last updatedJul 31, 15:04 UTC · 32m ago
1 outlet
NYT Business
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Answer
Part of a BP project in the North Sea, roughly 100 miles east of Aberdeen, Scotland, in 2014.
Reported by 1 outlet — NYT Business. See all sources ↓
BP has decided to sell its North Sea drilling business. The business includes a project located about 100 miles east of Aberdeen, Scotland, which began in 2014. The sale is part of BP's ongoing review of its assets.
Why it matters
This sale could affect jobs and energy production in the UK North Sea region. Investors watch such moves to see how BP is changing its portfolio.
In brief
- What is BP selling?
- BP is selling its North Sea drilling business.
- Where is the project located?
- The project is about 100 miles east of Aberdeen, Scotland.
Different angles across outlets
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BP Puts Its North Sea Drilling Business Up for Sale
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Related in the knowledge graph
organizationAberdeenorganizationBP Puts Its NorthorganizationNorth SeaorganizationSale. PartorganizationScotlandorganizationSea Drilling Business Up
Sources (1)
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