BP Puts Remaining UK North Sea Assets Up for Sale Under New CEO

BP announced on 31 July 2026 that it is marketing its remaining UK North Sea business, including the Seagull and Alligin fields. The sale follows a portfolio review under new CEO Meg O'Neill, who took the role that month. BP had already divested its Culzean gas field to NEO Next in December 2025, signaling a steady exit from the region.