BP’s divestments for funding post-Macondo costs was a key driver of 2010 activity, accounting for 9% of the world total activity or ~$20bn. Key deals included Pan American Energy to CNOOC; assets in 3 countries to Apache. BP is likely to have more divestments planned, may be only half way to its target.
You can view a sample copy of this report at http://www.derrickpetroleum.com/reports2.html
BP has announced plans to divest certain assets in North Sea and in Louisiana. BP could also consider divesting a part of its interest in ...............................................
For more details look at http://www.derrickpetroleum.com/reports1.html
We have also recently published a report for E&P Business Development and New Ventures professionals working on deals globally. This report provides information on $93 billion of global oil and gas assets on the market.
The report provides details on ~500 opportunities:
· Assets for sale
· Corporate M&A opportunities
· JV opportunities
· Exploration farm-ins