Brief: BP & State Of Louisiana Agree To Resolve Long-Standing Matters Related To Deepwater Horizon Spill

BP

23/10/2026 17:50

Oct 23 (Reuters) - BP PLC BP.L:
BP - BP AND STATE OF LOUISIANA AGREE TO RESOLVE LONG-STANDING MATTERS
BP : TO PAY LOUISIANA $350 MILLION EARLY LUMP SUM FOR REMAINING DEEPWATER HORIZON ECONOMIC DAMAGES
BP: REMAINING COASTAL ZONE LAWSUITS BROUGHT BY LOUISIANA PARISHES TO WHICH BP IS A PARTY WILL BE RESOLVED
BP: UNDER THE 2015 SETTLEMENT, $4.9 BILLION IS PAYABLE OVER 18 YEARS TO SETTLE ECONOMIC AND OTHER CLAIMS MADE BY THE FIVE GULF COAST STATES 
BP: LOUISIANA AGREEMENT REPRESENTS MORE THAN 20% OF BP’S OUTSTANDING PAYMENTS TO FIVE GULF STATES UNDER THE ECONOMIC DAMAGES SETTLEMENT
Further company coverage: BP.L

 ((Reuters.Briefs@thomsonreuters.com;))