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Post Tagged with: "Prudhoe Bay"

Source: Reuters

BP revises $5.6 billion Alaska deal after oil price crash

Reuters

BP (BP.L) said on Monday it had amended some financial terms of the $5.6 billion sale of its Alaska business to privately held Hilcorp following the recent slump in oil prices, which may lead to a lower …

April 27, 2020 - 11:30 am — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, Mergers, Acquisitions & Divestitures
BP Divests Alaska for $5.6 Billion

BP Divests Alaska for $5.6 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360

BP sells its entire Alaskan business to Hilcorp for a total consideration of $5.6 billion
BP (stock ticker: BP), through its subsidiary BP Alaska, has agreed to sell its entire business

…
August 27, 2019 - 6:02 pm — Acquisitions and Divestitures (A&D), Closing Bell Story‎, Crude Oil News, Exploration and Production (E&P), Natural Gas News, Oil and Gas 360 Articles
BOEM Conditionally Approves Hilcorp’s Artificial Island Plan for Alaska Waters

BOEM Conditionally Approves Hilcorp’s Artificial Island Plan for Alaska Waters

Similar to four others offshore Alaska
Ryan Zinkie, U.S. Secretary of the Interior, provided more details today regarding a proposed oil and gas development facility in offshore Alaska, the first facility of its type in waters off Alaska if approved.

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October 25, 2018 - 12:53 pm — Closing Bell Story‎, Offshore
With 50 Billion Barrels Awaiting the Drill Bit, Alaska’s New Governor wants to Slash the Time Between Lease Acquisition and Drill Rotation

With 50 Billion Barrels Awaiting the Drill Bit, Alaska’s New Governor wants to Slash the Time Between Lease Acquisition and Drill Rotation

An OAG360® Exclusive: Interview with Alaska Governor Bill Walker

Listen to the interview

Alaska’s North Slope has produced more than 17 billion barrels of oil since the discovery of the Prudhoe Bay oil field in 1968, when Arco’s Prudhoe …

April 22, 2015 - 5:13 pm — Exploration and Production (E&P), Oil and Gas 360 Articles, Regulatory, Straight Answers