British Petroleum (BP)

British Petroleum (BP), 18, announced the company's $ 7.8 billion and the U.S. Gulf of Mexico oil spill victims to reach a final settlement agreement.




BP said in a statement, the settlement still requires the approval of the U.S. District Court Judge, will address the "many qualified private economic loss and medical compensation". Private plaintiffs involving the oil spill as much as 100,000, including fishermen, catering and hotel industry.




Bob Dudley, chief executive of British Petroleum in the same statement said that the settlement agreement reached shows the tireless efforts of the British oil companies to solve the oil spill, to the victims of "full and fair compensation, without having to wait lengthy the court ruling.




BP announced last month that the specific amount of reconciliation, which means that the oil spill private plaintiffs in this part of the lawsuit is expected to be resolved. U.S. District Court Judge has not yet announced specific when made ​​on the case off.




The settlement will not affect the fines and compensation to the U.S. government, coastal states and local government requirements due to the oil spill. BP's partners, the world's largest offshore drilling contractors overseas (of Transocean) and other possible thereon required by law. In short, BP is facing judicial proceedings is far from over.




British Petroleum has assumed the cost of $ 37.2 billion for the Gulf of Mexico oil spill. The company for violation of the federal Clean Water Act in the United States faces a fine of up to $ 17.6 billion.




On the 20th of this month is the second anniversary of the oil spill in the Gulf of Mexico. April 20, 2010, BP leased the Deepwater Horizon offshore drilling platform in the Gulf of Mexico waters exploded and sank, killing 11 people and causing the most serious oil spill in U.S. history

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