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Apache seals $7bn BP asset swoop

US independent Apache has finalised a $7 billion deal to buy all of BP's assets in the Permian basin in Texas and New Mexico and in Egypt's Western Desert, as well as "substantially all" of BP's natural gas assets in western Alberta and British Columbia.

Big deal: Apache in BP asset swoop.
Big deal: Apache in BP asset swoop.
Published 20 July 2010, 20:18Updated 10 October 2016, 14:42
Americas