BP puts North Sea oil and gas business up for sale
•Move, which would end decades of production in area, comes as new CEO tries to simplify firm and cut debtBusiness live – latest updatesBP has put its North Sea oil and gas business up for sale, as it...
•The move comes as BP’s new chief executive, Meg O’Neill, tries to simplify the company and cut its debt levels.
هذا الخبر من The Guardian World. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
المصدر: The Guardian World | Source: The Guardian WorldMove, which would end decades of production in area, comes as new CEO tries to simplify firm and cut debt
BP has put its North Sea oil and gas business up for sale, as it looks to end decades of production from the region.
The oil major announced on Friday morning that it had launched a formal process to market its North Sea business for a potential sale. The move comes as BP’s new chief executive, Meg O’Neill, tries to simplify the company and cut its debt levels.
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This article was originally published by The Guardian World. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
