Analyst views: How important is this deal for BP?

first_img Tags: NULL Analyst views: How important is this deal for BP? Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleBrake For It40 Features In Cars No One Ever Knew: No.19 Is In Every CarBrake For ItFactableThis Is What Historical Figures May Have Really Looked LikeFactablezenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsItsTheVibeThe Cutest 1980’s Stars Are Now In Their 60s, This Is Them NowItsTheVibeMoneyWise.comThe Worst College In Every US State, RankedMoneyWise.comMovie JewelInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeMovie Jewel KCS-content Sharecenter_img whatsapp Show Comments ▼ whatsapp PETER HITCHENS | PANMURE GORDON This is an exciting move. With this deal , BP will bring the expertise that it has developed in Alaska, the Beaufort Sea and Northern Siberia. By getting into bed with Rosneft, the group obtains first mover advantage.KEITH MORRIS | EVOLUTION SECURITIESThe deal looks like a typically bold BP move accessing a new region considered highly prospective. But this is an exploration opportunity so while it may be a good long-term strategic investment, delivery is years away.JONATHAN JACKSON | KILLIK & COIt looks as if BP has taken a view that the chances of it being able to access resources in the US may be beyond the company for a generation and believes it needs to look elsewhere for growth options. Monday 17 January 2011 9:20 pmlast_img read more