BP confirms sale of North Sea assets to Abu Dhabi


BP confirmed it would sell its interests in a number of North Sea oil and gas fields to Abu Dhabi National Energy Company for around $1.1 billion.

The assets include BP's interests in the Maclure, Harding and Devenick fields, BP said in a statement on Wednesday, confirming an earlier sources-based story.

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BP has now largely completed its planned divestment of $38 billion in assets as it recovers from the effects of the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.

(Reporting by Rosalba O'Brien; Editing by Neil Maidment)