BP is poised to sell its entire North Sea oil and gas business, signaling the end of decades of production in the region — a move driven by new CEO Meg O’Neill’s push to streamline operations and cut debt. While acknowledging the North Sea’s vital role in UK energy, O’Neill argues BP’s assets would thrive under new ownership, while reaffirming the UK’s enduring importance to BP’s strategy. Amid this, Energy Secretary Miatta Fahnbulleh and Labour’s Andy Burnham weigh in, stressing the North Sea’s national value and the need to protect workers and communities during the transition — as the government balances energy security with the shift toward cleaner power.
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