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Market Chatter: BP Reportedly Weighs Options for UK North Sea Operations

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-- BP (BP.L) is considering a partial or full sale of its assets in the UK North Sea as part of an internal review of upstream operations, Bloomberg News wrote Friday, citing people familiar with the matter.

A full sale could raise 2 billion pounds sterling, the sources said, adding that the British energy major's review is ongoing and may not lead to any divestment.

BP did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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