Wood Mackenzie

BP and ConocoPhillips seal trans-Atlantic asset swap

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Sinopse

Luke and Obo share thoughts on last week's big announcement: BP will buy a 16.5% in Clair (UK) from ConocoPhillips, bumping its stake to 45.1%; the US super-independent will buy BP's entire 39.2% stake in the Greater Kuparuk Area (Alaska), giving it 94.5%.