PetroEquity podcast

Who Could Buy BP's UK Upstream Business?

BP has put its UK North Sea business up for sale ending more than 60 years as an offshore producer. Jessica and Oberon examine why BP is selling and, most importantly, who might buy. Ithaca, Adura, NEO NEXT+, Harbour and possible new entrants are assessed against financing, tax, offtake, decommissioning liabilities and BP’s desire to find a credible long-term owner.