BP aims to sell more than $1B stake in Oman gas project

RIGZONE | BP Plc is in early-stage discussions to sell about a 10% stake in a key gas field in Oman as part of the energy giant’s plans to cut debt, according to people familiar with the matter.


London-based BP is talking with interested parties about cutting part of its 60% holding in the Khazzan natural gas field, the people said, asking not to be identified as the matter is private. The 10% stake is likely to fetch more than $1 billion and is drawing interest from other large energy companies, they said.


To read the full article, click here.



  • LinkedIn
  • Twitter

© 2020 Energen. This website represents a proof of concept of the future platform