Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

BP Tags $360MM for La. Construction

change text size

Deepwater Horizon Gulf of Mexico Oil Spill

BP has established a $360 million escrow account to fund immediately the construction of six sections of Louisiana barrier islands approved by the U.S. government. BP has been directed to pay for the construction by the federal government. Since the environmental implications of the projects are not fully understood, BP assumes no liability for unexpected or unintended consequences of these projects.

BP has already provided $170 million to Louisiana, Alabama, Mississippi and Florida to help with their response costs and help promote their tourism industries. The company has also paid approximately $43 million in compensation to people and companies affected by the spill.

More info on the Deepwater Horizon Gulf of Mexico Oil Spill

Related Companies

Deepwater Horizon Images
Deepwater Horizon in Flames (Apr 20) Deepwater Horizon & Vessel (Apr 22) Louisiana Oilfield Diver, Bruce Padilla, Deepwater Horizon Sinking (Apr 22)
Oil burns during a controlled fire Trajectory Forecast MS Canyon 252 Support Vessels Spray Horizon (Apr 21) Macondo BOP Stack
71 more images view image library

From the Career Center
Jobs that may interest you
Senior Estimator - EPC - Midstream
Expertise: Budget / Cost Control, Planner / Scheduler, Purchasing
Location: Houston, TX
 
Pipe Fitter Helper - Longview, TX - 14-0362
Expertise: Pipe Inspection / NDT, Welder / Fitter / Turner
Location: Longview, TX
 
Frac Mechanics 11 on 3 off
Expertise: Fracturing, Mechanic
Location: Shawnee, OK
 
search for more jobs