BP PLC (BP) - Get Report is said to have approached potential buyers for its oil and gas production assets in the North Sea, sources told the Wall Street Journal.

The talks include the full range of BP's currently producing assets in the North Sea, where the company is a top producer. Potential buyers include private equity firms, the Journal noted.

Talks over the potential sale are still in early stages and there has been no value set.

BP stock was up slightly in premarket trading on Thursday morning.

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