Skip to content
Subscriber Only

BP Said to Plan Sale of Stake in Key North Sea Oil Pipeline

  • Company started talks with potential buyers for Forties link
  • Shell has begun discussions for sale of North Sea oil fields
Updated on

BP Plc is considering the sale of a minority stake in the Forties pipeline, one of the most important pieces of oil infrastructure in the U.K. North Sea, people familiar with the matter said. 

The company has started talks with potential buyers, but has not initiated a formal sale process, the people said, asking not to be identified because the matter is private. BP declined to comment.