BP to put North Sea business up for sale

NewsScottish NewsEnergyThe energy giant employs around 1,100 in the north.07:53, 31 Jul 2026BP has said it is putting its UK North Sea business up for a possible sale.‌The energy giant said the decision forms part of ongoing efforts to slim down the group by selling off parts of the business.‌Chief executive Meg O’Neill said she believed the North Sea business, which has around 1,100 staff, would be “better positioned as part of another company”.‌“The North Sea remains integral to the UK’s energy system,” she said.“However, as we focus our portfolio and direct capital to our highest-value opportunities, we believe our North Sea business will be better positioned as part of another company.Article continues below“It has world-class people, resilient assets and a proud heritage, and it is pr