BP Sells 4 Gulf of Mexico Fields to Pay For Oil Spill

[B]BP Sells 4 Gulf of Mexico Fields to Pay For Oil Spill-MARITIME LAWYER NEWS[/B]
On Monday, October 25, 2010 British Petroleum PLC (BP) announced the sale of its stake in four of its Gulf of Mexico oil and gas fields to Marubeni Oil and Gas for $650 million. The latest sale of Gulf assets is part of an effort by BP to raise $30 billion to help pay for the catastrophic oil spill caused by the [I]Deepwater Horizon[/I] disaster in April, 2010. [B]Read more[/B].