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BP PLC (LON:BP..L) report: Series of Transactions

March 11, 2010, Thursday, 10:39 GMT | 05:39 EST | 16:09 IST | 18:39 SGT
Contributed by Daniel Stewart & Company


By Daniel Stewart & Co

 

- BP is going to pay Devon Energy US$7bn for assets in offshore Brazil, the US Gulf of Mexico and Azerbaijan


- Devon Energy will buy a 50% stake in BP’s Kirby oil sands operations in Canada for US$500m. Devon will commit a further US$150m of capital costs.