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A&D - BP accelerates divestments, expects to realize $10B a year early - October 2019
BP expects to achieve its $10 billion divestment goal a year early after it announced Oct. 11 that it had agreed to sell four packages of Lower 48 legacy gas assets. Including the $5.6 billion sale of its Alaskan business to Hilcorp announced in August, the British supermajor now expects to have deals totaling $10 billion in place by YE19 instead of its original YE20 goal. The divestment program was launched following BP’s $10.5......
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