BP weighs sale of minority stakes in two Gulf of Mexico projects, Reuters says

BP (BP) is weighing the sale of minority stakes in two Gulf of Mexico projects, with each project estimated to be worth billions of dollars to the company, two sources with knowledge of the matter said on Wednesday, Reuters’ David French and Shadia Nasralla report. BP is in the midst of a strategy reset as it refocuses on oil and gas after a failed pivot toward clean energy, the authors write. The energy company is considering bringing in partners in both its Kaskida and Tiber projects, the sources said.