BP to sell Alaska business to Hilcorp for $5.6 billion
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(Reuters) - BP said on Tuesday it had agreed to sell all its Alaskan operations and interests for $5.6 billion (£4.5 billion) to Hilcorp Alaska, an affiliate of Hilcorp Energy Co.BP said the sale, which includes interests in the giant Prudhoe Bay field and Trans Alaska Pipeline, provides significant progress towards its $10 billion divestment programme.