BP sells Apollo a $1 billion stake in a pipeline subsidiary
BP, one of the Northwest Indiana lakeshore's major industrial employers, sold a $1 billion stake in a pipelines subsidiary to the asset management company Apollo Funds.
Freshfields advises bp on sale of stake in TAP subsidiary to Apollo-managed funds
BAKU, Azerbaijan, September 19. Freshfields Bruckhaus Deringer has advised bp on the sale of a non-controlling stake in its subsidiary, bp Pipelines TAP Limited, to funds managed by Apollo, Trend reports via Freshfields.
Apollo to purchase $1bn stake in bp Pipelines TAP
British energy major bp has entered into an agreement with Apollo-managed funds for the sale of a non-controlling interest in its subsidiary, bp Pipelines TAP, valued at approximately $1bn (£757.48m).
BP Sells Stake In Gas Pipeline To Apollo, Raises $1B
BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a non-controlling stake in BP Pipelines TAP Limited for around $1 billion. The bp subsidiary,
Apollo inks $1 billion deal with BP to fund stake in Trans Adriatic gas pipeline
It transports natural gas from the BP-operated Shah Deniz gas field in the Azerbaijan sector of the Caspian Sea to markets in Europe such as Greece and Italy. The proceeds from the deal would contribute to BP's 2024 divestment and other proceeds target of ...
Apollo Inks $1 Billion Deal With BP for Stake in Gas Link
Apollo Global Management agreed to pay BP Plc $1 billion for a stake in a key Caspian-region natural gas pipeline.
BP sells $1bn stake in Southern Europe gas pipeline to Apollo Global Management
The pipeline is part of the Southern Gas Corridor pipeline system, a 3,500-kilometre network of infrastructure from the Caspian Sea to Europe
Azer News1h
Fitch Solutions: bp's investment in ACG to boost Azerbaijan's oil exports
British energy giant BP plans to increase production at Azerbaijan's largest oil field, Azeri-Chirag-Guneshli (ACG), in 2024, ...
Trend News Agency2d
bp's tech strength derives from working on Azerbaijan's ACG project
BAKU, Azerbaijan, September 17. The Azeri-Chirag-Guneshli (ACG) Caspian field block development project has helped bp ...
Contract Of Century: Guarantor Of Azerbaijan's Sovereignty
The process of state construction in Azerbaijan began in 1993 with the repeated return of National Leader Heydar Aliyev to ...
BP to Sell U.S. Onshore Wind Energy Business
The divestment is part of a wider strategy to simplify the business and increase the company’s value as it transitions to an ...
BP puts $2bn US onshore wind business up for sale
BP has put bp Wind Energy, its onshore wind business in the US, estimated to be worth $2bn, up for sale as it trims its renewables business and sells off underperforming assets.