Tag: Clair field

BP increases share in Clair field & sell Kuparuk field

BP increases share in Clair field & sell Kuparuk field

BP recently announced that it has entered into agreements with ConocoPhillips that will significantly increase its holding in the Clair field, a core asset of BP’s North Sea business in the UK, while also selling its non-operating interest in the Kuparuk and satellite oilfields in Alaska.