LONDON (AFX) – BP PLC plans to dispose of several billion dollars of assets, notably some of its mature oil and natural-gas fields in the North Sea, The Wall Street Journal Europe reported, citing industry officials familiar with developments. Rather than invest the large amounts needed to prevent petroleum output declining at fields with depleting…
COMPANY: BP to dispose of ‘several billion US$ worth’ of assets
Posted on December 31, 2002 by EnergyAsia