BP agrees sale of interest in SECCO to Sinopec

BP agrees sale of interest in SECCO to Sinopec

“China is a country of great significance to BP given its market potential,” said Dr. Xiaoping Yang, BP China president,

“BP has been committed to doing business in China for more than four decades. Looking into the future, we plan to continue to invest in China in areas that provide the best growth opportunities for BP, our Chinese partners and the country.”
The transaction is subject to a number of regulatory approvals and other conditions, subject to which, it is currently anticipated to complete before the end of the year with the consideration payable in instalments. Source / More: BP oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

#FOLLOW US ON INSTAGRAM