BP Looking to Sell $3 Billion in US Onshore Oil and Gas Assets -Reuters
December 19 2018 - 7:03AM
Dow Jones News
--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
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(END) Dow Jones Newswires
December 19, 2018 06:48 ET (11:48 GMT)
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