BP nabs Azeri, Brazilian and U.S. oil

Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights in Brazil, Azerbaijan and the Gulf of Mexico from Devon Energy Corp.BP will buy the rights for 10 offshore exploration blocks in Brazil and a portfolio of rights in the U.S. Gulf of Mexico and in the Caspian...

BP nabs Azeri, Brazilian and U.S. oil

LONDON, March 11 (UPI) -- Supermajor BP announced Thursday it reached a $7 billion deal with Devon Energy for access to oil reserves in Brazil, Azerbaijan and the Gulf of Mexico.

Thu 11 Mar 10 from UPI

BP to pay $7 billion for Devon exploration rights

BP is expanding its dominant oil and gas operations in the Gulf of Mexico and dropping anchor off Brazil with a $7 billion deal to buy exploration rights from Devon Energy.BP will get the rights ...

Thu 11 Mar 10 from R&D Mag

BP to pay $7 billion for exploration rights

Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights in Brazil, Azerbaijan and the Gulf of Mexico from Devon Energy Corp.BP will buy the rights for 10 offshore ...

Thu 11 Mar 10 from R&D Mag

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