Receive our newsletter – data, insights and analysis delivered to you
  1. Uncategorised
April 27, 2020

BP and Hilcorp alter deal for Alaskan asset sale

By Matthew Farmer

BP has given further details of the deal to sell its Alaskan assets to Hilcorp. The value of the agreement has not changed, but the two parties have changed how they expect payment to be made.

The companies expect to close the $5.6bn deal by June 2020. This will see all of BP’s stakes in pipelines, fields, exploration, and service companies transferred to Hilcorp, who already operate some of the assets.

Read more here.

Related Companies

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager
Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU