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bp considers exit from UK North Sea as CEO reviews upstream portfolio

bp considers exit from UK North Sea as CEO reviews upstream portfolio

by Offshore Reporter | May 11, 2026 | Offshore

bp is reviewing its UK North Sea upstream assets and considering potential divestments as part of a broader strategy to streamline its portfolio and reduce debt.

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bp considers exit from UK North Sea as CEO reviews upstream portfolio

Latest News

Norske Shell awards AGR workforce contract for Ormen Lange operations

PETRONAS unlocks more than 1 Bboe with latest Suriname discoveries

TotalEnergies sells stake in Malaysia’s Marjoram gas field to INPEX

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