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الاقتصادية
BP sells Canadian oil stake
British company BP announced its approval to sell its 37.2% stake in the offshore oil project "Bay du Nord" in Canada to the Norwegian company Equinor. Equinor will become the sole owner of the project upon the completion of the deal, which aims to enhance BP's profitability and reduce its debts by focusing on higher-yield projects. The development investment for the project is estimated at approximately 14 billion Canadian dollars, with commercial production expected to begin in 2031, producing over 400 million barrels in its initial phase.
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