Mississippi Reaches Landmark Agreement in BP Oil Spill Disaster Case
Gov. Phil Bryant and Attorney General Jim Hood announced today in Biloxi that Mississippi has reached an agreement in principle with BP to settle claims related to the 2010 Deepwater Horizon disaster. The settlement will bring approximately $1.5 billion in additional relief to Mississippi over the next 17 years. Combined with $659 million in early funding, Mississippi is receiving a total of nearly $2.2 billion in compensation.