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BP, Hilcorp say deal involving Alaska assets, interests done

BP, Hilcorp say deal involving Alaska assets, interests done by The Associated Press Last Updated Dec 18, 2020 at 3:14 pm EDT JUNEAU, Alaska BP said it has completed its sale of assets and ownership interests in Alaska to Hilcorp, in a $5.6 billion deal first announced in 2019. BP announced Friday completion of its sale of pipeline interests, including its stake in the trans-Alaska pipeline, to Harvest Alaska, an affiliate of Hilcorp, following conditional approval of that part of the deal by the Regulatory Commission of Alaska earlier this week. Documents requested by the commission, due Dec. 28, did not yet show up as filed. The commission’s order also can be appealed.

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