BP Puts North Sea Business Up for Sale Amid Shifts in Energy Landscape BP's decision to sell its North Sea business marks a significant turning point in the region's energy landscape.
For six decades, the oil giant has been a dominant force in the North Sea, producing vast quantities of oil and gas that have fueled Britain's economic growth.
The sale comes as Prime Minister Andy Burnham has signaled his willingness to take a "pragmatic approach" to North Sea oil and gas production.