June 01, 2016 3:31 AM ET

Oil, Gas and Consumable Fuels

Company Overview of BP Products North America Inc.

Company Overview

BP Products North America Inc. provides oil and natural gas exploration, development, production, and marketing services. It also operates petroleum refineries and pipelines. It has a strategic alliance with Kinder Morgan, Inc. BP Products North America Inc. was formerly known as Amoco Oil Company and changed its name to BP Products North America Inc. in October 2001 as a result of acquisition by BP plc. The company was founded in 1954 and is headquartered in Naperville, Illinois. BP Products North America Inc. operates as a subsidiary of BP Corporation North America Inc.

3343 Lapp Lane

Naperville, IL 60564

United States

Founded in 1954

Phone:

630-536-8544

Key Executives for BP Products North America Inc.

BP Products North America Inc. does not have any Key Executives recorded.

BP Products North America Inc. Key Developments

B.P. Products North America Wins Military $224.19 Million Federal Contract

B.P. Products North America, Chicago, awarded a $224,194,499 federal contract by the Defense Logistics Agency for aviation turbine fuel.

B.P. Product North America Inc. Wins $43.89 Million Federal Contract

B.P. Product North America Inc. was awarded a $43,886,481 federal contract by the Defense Logistics Agency for various types of fuel. The place of performance will be in Alabama, Florida, Illinois, Indiana, Kansas, Louisiana, Minnesota, Mississippi, New Hampshire, North Dakota, Ohio, Oklahoma, South Dakota, Texas, Utah, Virginia and Wyoming.

Kinder Morgan and BP Products North America Form Joint Venture Limited Liability Company Terminal Business

Kinder Morgan has finalized agreements with BP Products North America, a subsidiary of BP, to acquire 15 refined products terminals and associated infrastructure in the US in a transaction valued at approximately $350 million. Both companies will form a joint venture (JV) limited liability company terminal business to own 14 of the acquired assets, which Kinder Morgan will operate and market on the JV's behalf. One terminal will be owned solely by Kinder Morgan. Under the terms of the deal Kinder Morgan will own a 75% stake in the JV, with BP owning the balance. The transaction also includes approximately 160 former BP employees.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 20, 2015
BP Products North America Inc., 15 Refined Products Terminals and Associated Infrastructure in U.S.
 

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