The CEO of BP's Tony Hayward met with officials of the Abu Dhabi Investment Authority (Adia), one of the largest SWFs in the world, said an official source of United Arab Emirates (UAE).
A UAE source told Reuters on Tuesday that BP had approached sovereign wealth funds to find a strategic partner to preserve it from any takeover attempt as it is mobilized by an oil spill that has caused the Gulf of Mexico.
Tony Hayward has made various "options" at this meeting, added the official source, without being more explicit.
Adia was not immediately available for comment.
A Saudi financial daily reported Wednesday that Saudi investors wishing to enter the capital of BP at 10% to 15%.
A delegation of these investors will travel to London to begin a dialogue with BP, said al-Eqtisadiyah, the main financial newspaper in the kingdom, without citing sources.
Action BP has lost more than half its value since the oil spill that began last April.
The British oil giant said it hoped to raise 10 billion this year to finance a fund for cleaning $ 20 billion that had opened under pressure from Washington.
Action BP earns 4.17% to 360 pence in morning.
