BP PLC is asking for up to $7.9 billion for some of its oilfields in the Gulf of Mexico as it continues to sell assets after the 2010 oil spill, according to Bloomberg News.
According to the report Tuesday, which cited two people with knowledge of the matter, BP could clear up to $5 billion to $6 billion after the buyer pays taxes.
BP declined to comment on financial terms of a sale but said that it intends to remain the largest oil and natural gas producer in the Gulf. The company has six rigs in the Gulf now and plans to have eight by the end of the year.
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