BP to Pay $350 Million Lump Sum to Louisiana to Resolve Deepwater Horizon Disputes
BP has reached an agreement with the State of Louisiana to accelerate payments related to the Deepwater Horizon settlement, involving a $350 million lump sum.
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BP To Acquires 70% Stake In Calypso Offshore Project That It Doesn't Already Own From Woodside; Financial Terms Not Disclosed
Woodside has entered an agreement to sell its 70% operated interest in production sharing contract TTDAA 14 (‘Calypso Project’) in Trinidad and Tobago to bp.bp currently holds the remaining 30% interest in the project
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