Blackstone is considering selling Gulf of Mexico (GoM) operator Beacon Offshore Energy in a deal that could be valued at more than $5bn, according to a report by Bloomberg. The outlet said Blackstone is in talks with investment banks about a potential process that could begin as early as this quarter, citing people familiar with the matter. Beacon Offshore Energy is likely to garner significant interest from other oil and gas producers in the GoM, where Chevron, bp and Shell are major players. However, ...