The transaction, valued at £254 million ($320.65 million), supports BP's objective to meet its demand for low-emissions electricity and contributes to its renewable energy capacity goals.

While BP aimed to export the gas, the Senegalese government insisted on utilizing it domestically to fuel power plants.

Developed by Neptune Energy, the Seagull field serves as a subsea tieback to the BP-operated central processing facility of the Eastern Trough Area Project.

This financial strength has prompted significant dealmaking activities in the sector, as demonstrated by recent major acquisitions by Exxon Mobil Corp. and Chevron Corp., which collectively exceeded $100 billion.

This departure comes just weeks after the resignation of BP's global CEO, Bernard Looney.

This change came after the resignation of Bernard Looney from the CEO position.

BP recently announced the appointment of its Chief Financial Officer as the interim CEO following the resignation of Bernard Looney amidst an ongoing investigation into personal relationships with colleagues. But who are they?

This decision came after Secretary of State Grant Shapps endorsed it before his departure in late August

This marks the second time in two years that BP has conducted such an investigation.

The substantial topsides component was meticulously constructed by Azfen at the Bayil fabrication yard, utilizing local infrastructure and resources.