05:47 AM EST, 11/03/2025 (MT Newswires) -- BP (BP) said Monday it has signed a deal with Sixth Street-managed funds to sell its non-controlling interests in Permian and Eagle Ford midstream assets of its US onshore oil and gas operations for about $1.5 billion.

Upon transaction completion, BP's stake in the Permian midstream assets will move to 51% from 100%, while its stake in the Eagle Ford midstream assets will move to 25% from 75%, the company said, adding that Sixth Street will keep the remaining, non-operating interests.