BP to quit Alaska after 60 years with USD5.6B sale

BP to quit Alaska after 60 years with USD5.6B sale
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29.08.2019

MOSCOW (MRC) -- British oil major BP Plc agreed to sell all its Alaskan properties for USD5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years, as per Hydrocarbonprocessing.The deal, which includes interests in the most prolific oil field in US history at Prudhoe Bay, and the 800-mile (1,300-km) Trans Alaska Pipeline, is part of BP's plan to ra

Full article at mrcplast.com

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