British oil giant BP launches sale of North Sea business
BP has initiated the sale of its North Sea operations, potentially ending around 60 years of regional production under its ownership.
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British energy giant BP has launched the sale of its North Sea business, according to Euronews. The proposed sale comes amid volatile global energy markets and higher windfall taxes.
If completed, the transaction could bring an end to approximately 60 years of North Sea production managed under the British energy company's ownership.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.supports: Euronews