BP sells stake in Sean gas field to SSE for 288 million dollars cash

BP has agreed to sell its interest in the Sean gas field in the UK North Sea to SSE for 288 million dollars in cash.

BP has agreed to sell its interest in the Sean gas field in the UK North Sea to SSE for 288 million dollars in cash.

The sale to SSE is taking place through SSE's wholly-owned subsidiary SSE E&P. The divestment comprises BP's non-operated 50% stake in Sean. Completion of the deal is anticipated during the first half of 2013, subject to regulatory approval.

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