bp agrees to sell interest to PTT Exploration and Production Public Company Limited for $2.6B bp will remain operator of Block 61, with 40% interest Agreement marks another significant step in bp’s divestment programme bp has agreed to sell a 20% participating interest in Oman’s Block 61 to PTT Exploration and Production Public Company Limited (PTTEP) of Thailand for a total consideration of $2.6B. Following completion of the sale, bp will remain operator of the block, holding a 40% interest. Subject to approval from the Sultanate of Oman and partners, the deal is expected to complete during 2021. The agreed total consideration of $2.590B comprises $2.450B payable on completion (subject to final adjustments) and $140M payable contingent on pre-agreed future conditions.