---
title: "Market Chatter: BP to Consider Partial Sale of Two Gulf of Mexico Projects"
description: "BP is considering selling minority stakes in its Kaskida and Tiber projects in the Gulf of Mexico, potentially up to 50% in each. The projects are valued at billions of dollars, with a formal sale pro"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/233389661.md"
published_at: "2025-03-27T04:31:16.000Z"
---

# Market Chatter: BP to Consider Partial Sale of Two Gulf of Mexico Projects

> BP is considering selling minority stakes in its Kaskida and Tiber projects in the Gulf of Mexico, potentially up to 50% in each. The projects are valued at billions of dollars, with a formal sale process expected to begin in 2025. This information comes from sources familiar with the matter, although BP has not commented on the report.

BP (BP.L) is considering the sale of minority stakes in two projects in the Gulf of Mexico, Reuters reported Wednesday, citing two sources with knowledge of the matter.

According to the sources, the Kaskida and Tiber projects are expected to be valued at billions of dollars. One of the sources told the news outlet that the oil and gas giant could elect to sell up to a 50% stake in each project, while cautioning that the considerations are at an early stage.

A formal sale process is expected to be launched later in 2025, as per the sources.

BP did not immediately respond to MT Newswires' request for comment.

(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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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
