Plaquemines Parish in Louisiana and British supermajor BP have come to a $45m financial settlement after years of court disputes about damages from the 2010 Deepwater Horizon spill, according to the Associated Press.
Located on Louisiana’s southeastern tip, the parish suffered environmental damage and economic losses following the April 20, 2010 explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico.
The blast claimed 11 lives and was followed by almost three months of oil gush as millions of gallons spewed from the uncapped well.
Last year a $20bn settlement was finalized between BP and federal, state and local authorities but Plaquemines had opted not to take part in that.
The parish had also turned down previous BP offers, reportedly of $9m, $17m and $25m.