BP holds talks with Ithaca Energy about selling about £2 billion of UK North Sea assets, according to reporting cited by Financial Times. The discussions are described as part of BP’s ongoing review of its UK portfolio and restructuring efforts, led by CEO Meg O’Neill. While the talks have not resulted in an agreement, BP is still exploring a potential deal after earlier discussions reportedly failed to reach a conclusion. The reports frame the asset sale as one of several options BP is considering as it reshapes the company’s business and capital allocation. Details such as the specific fields or acreage involved were not provided in the information supplied here. Overall, the coverage indicates that negotiations are at an exploratory stage and that BP continues to assess whether a transaction with Ithaca can be pursued on acceptable terms. No final decision, signed agreement, or transaction timeline is indicated in the available summaries.