BP has agreed to sell non-controlling interests in its US midstream assets in the Permian and Eagle Ford basins to funds managed by Sixth Street for $1.5bn (£1.14bn). The deal is structured in two ...
Following completion, bpx’s ownership interest in the Permian midstream assets will move to 51% (from 100%), while bpx’s ownership interest in the Eagle Ford midstream assets will move to 25% (from 75 ...