--BHP Group may bid for Bluewater, a Gulf of Mexico-focused oil-exploration company jointly held by Blackstone Group and LLOG Exploration, Bloomberg reports, citing unidentified sources.

--Bluewater is valued at around $1.5 billion to $2 billion, although no agreement for a sale has been reached, according to Bloomberg.

Full story: bloom.bg/2HIEG0f

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(END) Dow Jones Newswires

March 28, 2019 03:21 ET (07:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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