BP to offload UK gas assets for $400 million

摘要

London—BP has agreed to sell its UK gasassets in the southern North Sea to privately-owned French explorer Perenco for $400million in cash, more than a year after firstseeking a buyer.BP put its stakes in gas fields and relatedpipeline assets in the southern North Sea up forsale in February 2011 as part of a multibillion-dollar divestment program to cover the spiralingcosts of the Gulf of Mexico oil spill disaster.