Who will buy BP North Sea assets?

BP has confirmed it hopes to sell its North Sea assets. © Supplied by Ithaca EnergyIthaca first struck a deal in 2024 to acquire North Sea assets owned by Eni in what was described as a “combination”. AduraThe merger of North Sea assets between Shell, BP’s frenemy, and Norway’s Equinor sparked “who is the North Sea’s biggest producer now” speculation. Shell and BP have also been North Sea partners for years. But it has also been taking up opportunities to buy unloved North Sea assets owned by major players, including the remainder of Centrica’s North Sea oil and gas producing assets in £57m deal in December.