BP launches sale process for North Sea business as CEO pushes overhaul

BP on Friday launched a ​formal process to market ‌its North Sea business for a potential sale, as ​new Chief Executive Officer ​Meg O'Neill accelerates a sweeping ⁠portfolio overhaul aimed at ​cutting debt and simplifying the ​oil company.

Jul 31, 2026 - 11:00
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BP launches sale process for North Sea business as CEO pushes overhaul
BP on Friday launched a ​formal process to market ‌its North Sea business for a potential sale, as ​new Chief Executive Officer ​Meg O'Neill accelerates a sweeping ⁠portfolio overhaul aimed at ​cutting debt and simplifying the ​oil company.

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