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BP plc. (BP) has revitalized the sale of its fields in Alaska. The Financial Times reported that the U.K. oil giant is planning to offload part of its stake in Prudhoe Bay, the giant Alaskan field.
BP holds a 26% stake in Prudhoe Bay and also enjoys the operatorship. The newspaper is unsure about the company’s intent to sell its entire stake in the field. Apache Corp. (APA), an U.S. oil and gas company, seems to be the potential buyer for this sale.
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