Richard Eldred: BP Puts North Sea Business Up for Sale, Ending 60 Years of Production

BP is putting its entire North Sea business up for sale, drawing a line under 60 years of production in the region. The BBC has the story:

The decision follows a review of BP’s operations as it seeks to slim down the group. Its North Sea business has five production hubs – two in the central North Sea and three west of Shetland – and employs about 1,100 people. …