BP, Plaintiffs Confirm Settlement Extension in Macondo Spill Agreement

Deepwater Horizon Gulf of Mexico Oil Spill

BP and the Plaintiffs' Steering Committee (PSC) confirmed that the U.S. District Court has Monday extended the deadline for Settlement Agreement submission through 8:30 AM CDT on Wednesday, April 18. This extension is intended to allow BP and the PSC more time to complete the extensive documentation required to finalize the two Agreements-in-Principle that were announced on March 2.

BP and the PSC are finalizing two separate Settlement Agreements -- one resolving economic and property damage claims; the other resolving medical claims -- that will fairly compensate people and businesses affected by the Deepwater Horizon accident and oil spill.

More info on the Deepwater Horizon Gulf of Mexico Oil Spill

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

Deepwater Horizon Images
Deepwater Horizon Sinking (Apr 22) U.S. Air Force Tech. Sgt. Joe Torba Booms to Protect Breton NWR Shoreline Deepwater Horizon in Flames (Apr 20)
Development Driller III Horizon Listing Heavily (Apr 22) Workers Respond to Oil Spill Jeff Cantrell,VP Elastec/American Marine
71 more images view image library


From the Career Center
Jobs that may interest you
Landman - Midstream Surface Land
Expertise: Landman
Location: The Woodlands, TX
 
Land Specialist - Delaware Basin
Expertise: Landman
Location: Midland, TX
 
Health & Safety Compliance Specialist III
Expertise: Environmental, Safety & Training|HSE Manager / Advisor|Regulatory Compliance
Location: Ignacio, CO
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours