BP to Sell Non-Strategic US Gulf Of Mexico Assets to Plains Exploration and Production Company

BP to Sell Non-Strategic US Gulf Of Mexico Assets to Plains Exploration and Production Company 

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BP today announced it has agreed to sell its interests in a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration and Production Company (‘Plains’) for a total of $5.55 billion, as part of a previously-announced plan to divest the assets and position its Gulf portfolio for long-term growth.  Read more

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