BP announces sale of Mexican Gulf assets to Japanese group

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BP is selling its interests in four Gulf of Mexico deepwater fields to Marubeni Oil and Gas of Japan for 650 million dollars just months after acquiring them, the British group said on Monday.

The sale comes as BP looks to sell up to 30 billion dollars (21.4 billion euros) of assets by the end of 2011 to help meet its financial obligations from the Gulf of Mexico oil spill.

© 2010 AFP

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