London-BP is to sell a package of UK upstream assets as part of its $30 billion divestment program to cover the costs of its Gulf of Mexico oil spill, the company said February 22. The assets include all of BP's operated gas fields in the southern North Sea, which are worth about $1 billion, according to recent press reports. BP is also selling its 67.81% interest in Wytch Farm onshore oil field in Dorset, as well as interests in the Beacon discovery, the Wareham oil field and the Kim-meridge oil field.
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