BP (BP +0.6%) is seeking up to $7.9B for a group of oil fields in the Gulf of Mexico, and has...

|About: BP p.l.c. (BP)|By:, SA News Editor

BP (BP +0.6%) is seeking up to $7.9B for a group of oil fields in the Gulf of Mexico, and has prepared preliminary information for prospective bidders, Bloomberg reports. Assets on the sales block are said to include the Horn Mountain, Holstein, Diana Hoover and Ram Powell fields. The sale of its California refinery brings BP two-thirds of the way to its goal of $38B in asset sales.