BP to Sell 20% Stake in Manakin Block

AI Summary

BP has agreed to sell a 20% stake in the Manakin block, which includes the Trinidad portion of the Cocuina-Manakin natural gas field, to Trinidad's National Gas Company. This transaction reflects ongoing strategic asset realignments in the energy sector.

BP has agreed to sell a 20% stake in a block that contains the Trinidad portion of the cross-border Cocuina-Manakin natural gas field to the country's state-owned National Gas Company…