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BP considers selling USD1bn in North Sea assets.
(From M&A Navigator)
MANAVIGATOR-December 7, 2010-BP considers selling USD1bn in North Sea assets (C)2010 M2 COMMUNICATIONS http://www.m2.com
British oil major BP (LON:BP) plans to offload some USD1bn (EUR751m) in non-core North Sea assets and has approached a number of UK-focused energy firms, The Daily Telegraph reported on Tuesday, citing people in the know. The UK company unveiled earlier this year plans to sell USD30bn in assets and use the proceeds …
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