BP to Sell Stake in US Midstream Assets for $1.5B as Part of $20B Divestment Plan

BP to sell stake in US midstream assets for $1.5B as part of $20B divestment plan

BP Monetizes U.S. Midstream Stakes — $1.5 Billion Sale to Sixth Street ...

BP Agrees to Sell Stakes in US Shale Assets for $1.5 Billion

(Bloomberg) — BP Plc agreed to divest stakes in US shale assets to Sixth Street for $1.5 billion as it seeks to shore up its balance sheet and win back investor confidence.

BP to Sell Stakes in Permian, Eagle Ford Assets for $1.5 Billion

BP Plc agreed to divest stakes in US shale assets to Sixth Street for $1.5 billion as it seeks to shore up its balance sheet and win back investor confidence.

BP Sells Part of Permian, Eagle Ford Midstream Position

BP agreed to farm down its stakes in midstream pipelines and facilities in the Permian basin and Eagle Ford play to Sixth Street for $1.5 billion.

BP to sell interests in US midstream assets to Sixth Street for $1.5bn - What does this mean for investors?

In a strategic move to streamline its portfolio and unlock capital, BP plc announced on November 3, 2025, the divestment of non-controlling interests in its US onshore midstream assets to funds managed by investment firm Sixth Street for a total consideration of $1.5 billion. This transaction aligns with BP’s broader goal of achieving $20 billion in divestments by the end of 2027, as outlined in its February 2025 Capital Markets Update. Below, w…