BP sells stakes in North Sea fields for $280 million
Oil major BP said it agreed to sell its minority stakes in two North Sea fields to Japanese trading company Mitsui for $280 million, as part of a plan to focus its portfolio in the region on larger scale projects.
British oil giant BP said Friday it is considering selling its 50 percent stake in its Russian joint venture TNK-BP, in a deal that could fetch at least $15 billion.