BP has relaunched the sale of its stakes in a number of North Sea oil fields, according to Reuters. The news agency reported that BP has called for interested parties to send in bids with no deadline. BP agreed 1 year ago to sell its interest in the fields in the Andrew area and in the Shearwater field to Premier Oil for a total of $625 million as part of its efforts to sell $25 billion in assets by 2025 to reduce debt and transition toward low-carbon energy. The companies later agreed to restructure the deal and BP lowered its cash value to $210 million because of Premier's financing problems. The transaction finally fell through after Premier was taken over by Chrysaor in October 2020.