BP Considers Sale of Its North Sea Oil Business
BP placed its North Sea operation under review for a potential sale, arguing that another owner may be better positioned to invest in the mature UK portfolio.
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Oil giant BP shutters its corporate venture arm after 20 years
BP is winding down its corporate venture capital arm after nearly two decades, selling the majority of its portfolio — more than ten companies — to Nordic private equity firm Verdane in a deal the companies expect to…