Gulf commitment

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BP is committed to supporting economic and environmental efforts in the Gulf of Mexico.

BP spent more than $29 billion in claims payments and response, clean-up and restoration costs through July 2015, when the historic $18.7 billion settlement was announced resolving all litigation with the federal government and the five Gulf states over their economic and environmental claims related to the Deepwater Horizon spill. This settlement was approved by a federal court in New Orleans in April 2016. BP has now provisioned over $61 billion relating to the spill, including response, cleanup, economic claims, government payments, settlements and restoration.

Gulf of Mexico restoration

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