BP re-confirms its Aug '19 intention to sell its full Alaskan operations to Hilcorp Alaska for USD 5.6 bn after 60 years of presence. Completion is still expected mid-2020 although financial terms have been adjusted to reflect market conditions, namely that the structure of the consideration and phasing of payments has been modified. Full release here.   Â   Â   Â   Â   Â   Â   Â   Â   Â   Â   Â   Involved are the upstream (inter alia26% in Prudhoe Bay + optr) and midstream assets (inter alia share in Trans Alaska Pipeline System). Release + asset map from BP.
United States (Barrow Arch (North Slope B.)) Prudhoe Bay