BP is poised to sell its entire North Sea business after six decades, signaling a major strategic pivot to focus on its most profitable assets and cut costs. While the UK government pushes for domestic energy independence by potentially reopening the North Sea to drilling, BP believes another company can better manage this legacy asset. The sale affects around 1,100 workers across five platforms, but BP assures its UK HQ and 14,000 UK jobs will stay intact — as it seeks to build a leaner, more predictable, and ultimately more valuable global company.
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