BP to shed Alaska assets

Automatic TRANSCRIPT

Is selling all of its operations in Alaska including its interest in both the Purdue skews me old bay oil field and the trans Alaska pipeline the company says it's selling to hell crop Alaska for five point six billion BP's been a major force in Alaska on the north slope for more than fifty years chief executive Bob doubly says B. P. has other opportunities that are more competitive and better align with the company's long term strategy the move also fits be peace plan to divest ten billion in assets by twenty twenty the purchase is subject to state and federal approval

Coming up next