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Issue 4 2021 - BP sells 20% interest in Oman blocks

 Last Update: 2022-11-12
 Source: Internet
 Author: User

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BP for sale

20% interest in the Oman block

According to recent news from foreign media, BP said that it will sell 20% of the interest in Block 61 in Oman to Thailand's PTT Exploration and Production Company
for $2.
6 billion.
The British energy company said the deal is expected to close in 2021, after which it will remain the operator of Block 61, holding a 40% interest
in the block.
BP said it aims to make $25 billion
through divestitures by 2025.

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