Tailwind Energy to acquire a 27.5% stake in Shearwater field from BP.

Tailwind Energy, an oil and gas company, agreed to acquire a 27.5% stake in Shearwater field, a gas field, from BP, a British multinational oil and gas company. Financial terms were not disclosed. Tailwind explained that the transaction, which is subject to partner and regulatory approvals, furthers its growth strategy by adding another high-quality producing asset to the portfolio.