BP Said to Consider Reviving Sale of Alaskan Assets

BP Plc, battling to contain the worst oil spill in U.S. history, may revive talks to sell some of its Alaskan assets after it failed to reach a deal with Apache Corp. this week, according to two people with knowledge of the matter.

BP has the assets under review, including half its stake in the Prudhoe Bay oil field, said the people who declined to be identified as the details are private. The London-listed company may also move to sell other assets, including fields in Vietnam and Colombia, in coming weeks as bids from potential buyers exceed the company’s expectations, one of the people said.