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BP (BP/ LN) and Louisiana agreed to resolve remaining Deepwater Horizon economic damage claims, including a USD 350mln early lump-sum payment to the state

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BP and Louisiana agreed to resolve remaining Deepwater Horizon economic-damage claims, within a reported USD 4.9bln, 18-year settlement covering claims from five Gulf Coast states.

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Under the settlement, BP will pay USD 4.9bln over 18 years to settle economic and other claims from five Gulf Coast states Remaining coastal-zone lawsuits involving Louisiana parishes will also be resolved

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BPBP p.l.c.$51.24Current price

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