BP to Sell Dutch Fuel and EV Charging Assets to Catom

BP has agreed to sell its retail operations in the Netherlands to Catom BV, including around 300 fuel stations and its electric vehicle (EV) charging infrastructure in the country. The deal also covers BP’s Dutch fleet services business.

Included in the sale are 15 active BP Pulse EV charging hubs, with an additional eight currently under development. These assets will become part of Catom’s growing OK-branded network, expanding its presence across the Netherlands by more than 400 locations.

The transaction is part of BP’s broader strategy to streamline its portfolio and divest up to $20 billion in assets by 2027. The company is targeting $3 to $4 billion in divestments this year alone, with $1.5 billion already achieved. This sale marks a significant step in that plan.

Financial details of the deal have not been made public. Completion is expected by the end of the year, pending regulatory approval.