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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bp Plc | LSE:BP. | London | Ordinary Share | GB0007980591 | $0.25 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.90 | -0.55% | 520.40 | 521.20 | 521.30 | 529.30 | 520.80 | 526.00 | 28,971,121 | 16:35:21 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Petroleum Refining | 211.6B | 15.24B | 0.8934 | 5.83 | 88.91B |
From May 2019 to May 2024
By Oliver Griffin
BP PLC (BP.LN) said Monday that it has agreed to sell its interests in the Gulf of Suez, in Egypt, to Dragon Oil, a subsidiary of Emirates National Oil Co.
The British oil-and-gas company didn't disclose the value of the sale but said it forms part of its plan to divest more than $10 billion worth of assets over the next two years.
BP said the deal is subject to approval from Egypt's Ministry of Petroleum and Mineral Resources and is expected to complete in the second half of 2019.
Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin
(END) Dow Jones Newswires
June 03, 2019 11:00 ET (15:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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