BP is discussing selling $10 billion worth of assets, including a stake in an Alaska field, to the Apache Corporation, which is based in Texas, a person briefed on the talks said Sunday. The potential deal was first reported by The Sunday Times of London, which also reported that the ExxonMobil Corporation was considering making a bid for BP. BP had said it planned to raise $10 billion this year by selling assets.
A Change in Command on the Scene
Adm. of the Coast Guard has announced that Rear Adm. Paul Zukunft will relieve Rear Adm. as the federal on-scene coordinator for the oil spill response on Monday. Admiral Zukunft, who has been in the region for several weeks overseeing strategic planning while preparing to assume the coordinator job, is the Coast Guard’s assistant commandant for marine safety, security and stewardship. In that role he is responsible for developing national marine safety, security and environmental protection doctrine, policy and regulations. “I commend Admiral Watson’s job as the federal on-scene coordinator, and he has been instrumental to key decisions in the oil collection process,” Admiral Allen said in a statement. “As he returns to Atlantic area to ensure the Coast Guard’s long-term ability to support this operation and others, I am confident that Admiral Zukunft will continue the efforts to ensure BP secures the well completely while operationally sustaining this historic response.”
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