JUNEAU, Alaska (AP) — BP Alaska, a major player in the state’s oil industry, on Monday announced plans to lay off 275 employees and direct contractors early next year.

BP’s business in Alaska will be smaller because of the previously announced sale of its interests in four North Slope oil fields to Hilcorp, spokeswoman Dawn Patience said.

Recommended Stories

Trump administration approves first oil and gas drilling in Alaska’s federal waters

Alaska Legislature passes oil tax overhaul

Congress must not break trust with Alaska and its native people