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BP Launches Sale Process for North Sea Business

MT Newswires·07/31/2026 02:59:36
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02:59 AM EDT, 07/31/2026 (MT Newswires) -- BP (BP.L) has begun marketing its North Sea business for a potential sale amid an ongoing portfolio review. The British oil and gas giant said Friday it will continue operating the business through the process. The portfolio comprises five production hubs, including two in the central North Sea and three west of Shetland.