BP Looking to Sell $3 Billion in US Onshore Oil and Gas Assets -Reuters

Date : 19/12/2018 @ 23:03
Source : Dow Jones News
Stock : BHP Group Limited (BHP)
Quote : 36.48  0.24 (0.66%) @ 18:50
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BP Looking to Sell $3 Billion in US Onshore Oil and Gas Assets -Reuters

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--BP PLC (BP.LN) has launched a sale of U.S. onshore oil and gas assets that could raise more than $3 billion and help pay for fields it bought from BHP Group PLC (BBL), Reuters reports, citing unnamed sources.

--Reuters says the oil and gas company has started the process to sell seven packages in U.S. shale basins, with interested buyers including Carlyle Group L.P. (CG) and Warburg Pincus L.L.C. (WBP.XX).

--BP was approached for comment by Dow Jones but declined.


Full story: https://reut.rs/2EwNHac


Write to Barcelona editors at barcelonaeditors@dowjones.com


(END) Dow Jones Newswires

December 19, 2018 06:48 ET (11:48 GMT)

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