BP to sell gas field stake to Danish firm

BP today announced a deal to sell its interests in a North Sea gas field and pipeline seen as crucial to the UK’s future energy needs.

BP to sell gas field stake to Danish firm
Tue, 23 Nov, 2004 - 14:26

BP today announced a deal to sell its interests in a North Sea gas field and pipeline seen as crucial to the UK’s future energy needs.

The oil giant will offload its 10.3% stake in Ormen Lange – the second largest gas field in Europe – to Danish group Dong for $1.2bn (€0.92bn).

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