BP is in talks to sell some of its Gulf of Mexico offshore oil fields to Plains Exploration & Production Co for roughly US$7 billion, a person familiar with the matter said on Sunday, as the UK oil firm looks to raise money to pay for damages from the 2010 oil spill.
via Business feed http://www.scmp.com/business/companies/article/1033278/bp-may-raise-us7bn-sale-gulf-mexico-asset-source
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