Market Chatter: BP North Sea Business Garners Strong Early Buyer Interest

MT Newswires Live
Aug 04

BP's (BP) North Sea business has attracted interest from several potential suitors, Bloomberg News reported Tuesday, citing BP Chief Executive Meg O'Neill.

The British energy giant launched a sale process for the unit just a few days ago.

BP didn't immediately respond to MT Newswires' request for comment.

The company's shares were up 2.3% in premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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