BHP Announces Shale Assets Sale to BP: All You Need to Know

BHP Announces Shale Assets Sale to BP: All You Need to Know

On July 26, BHP Billiton (BHP) announced that it entered into two separate transactions to exit its US onshore oil and gas assets presence. In the first transaction, BP plc (BP) is expected to acquire the Eagle Ford, Haynesville, and Permian assets for a total consideration of $10.5 billion, payable in cash.

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