Alba is among the six fields Chevron plans to put up for sale as part of its divestment of UK Central North Sea assets. Chevron has begun a process to sell several of its oil and gas fields in the UK Central North Sea as part of a re-evaluation of its European activities. Reuters reported that the assets under consideration include the Alba, Alder, Captain, Elgin/Franklin, Erskine, and Jade fields, along with the Britannia platform and its satellites. Chevron is the latest US-based company to back out of the North Sea. A day before its announcement, ConocoPhillips agreed to a swap deal with BP, giving the British operator a 16.5% stake in the Clair Field in exchange for BP’s 39.2% stake in the Greater Kuparuk oil field in Alaska, as well as a 38% interest in the Kuparuk Transportation Co. Kevin Swann, a research analyst of North Sea upstream at Wood Mackenzie, said Chevron’s move is continuing a trend of major operators divesting their non-core UK assets.