BP to Sell 20% Stake in Venezuela's Cocuina Gas Field to Trinidad's NGC, Sources Say
BP said it has already drawn buyer interest for Archaea Energy, which it bought for about $4.1 billion, as it moves to simplify its portfolio.
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The Economic Times
Times of IndiaBP to sell 20% stake in Venezuela's Cocuina gas field to Trinidad's NGC, sources say
BP will sell a stake in a Venezuelan gas field to Trinidad's National Gas Company. This agreement follows Venezuela granting BP a license to develop the Cocuina-Manakin field. The field holds one trillion cubic feet of natural gas reserves across maritime boundaries. Most of the project's gas will be marketed to Atlantic LNG for export. A final investment decision for Cocuina-Manakin is expected by year's end.
BP to sell renewable natural gas business Archaea Energy
The energy major announced it’s marketing Archaea amid a strategic pivot to streamline its business. BP’s $4.1 billion acquisition of Archaea four years ago stands as a high water mark in the RNG industry.
BP sells stake in Trinidad gas field
Supermajor BP has agreed to sell a 20% stake in the Trinidad portion of the cross-border Cocuina-Manakin gas field to the National Gas Company of Trinidad and Tobago (NGC). The deal covers BP’s interest in the Manakin block, which holds the Trinidad side of a field estimated to contain about 1trn cubic feet of gas. …
Prime Minister Hails New NGC-bpTT Energy Agreement
Prime Minister Hails New NGC-bpTT Energy Agreement Prime Minister Hails New NGC-bpTT Energy Agreement Kevion John August 10, 2026 EnergyThe Government is strengthening Trinidad and Tobago’s energy security through a new NGC-bpTT partnership, securing a 20% stake in Manakin-Cocuina, while advancing the development of key domestic gas resources. Prime… The post Prime Minister Hails New NGC-bpTT Energy Agreement first appeared on TTT News.
www,finanzasdigital.com BP agreed to sell 20% of its share in the Venezuelan portion of the Cocuina‐Manakin cross-border field to Trinidad's state National Gas Company (NGC)... The post BP sells 20% of the Cocuina‐Manakin block to Trinidad and Tobago's state NGC appeared first on Digital Finance.
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