BP Announces Settlement with Anadarko Petroleum Company of Claims Related to Deepwater Horizon Accident

Published date 2011-10-18 09:07
BP today announced that it has reached agreement with Anadarko Petroleum Company (“Anadarko”) to settle all claims between the companies related to the Deepwater Horizon accident. Anadarko – which had a 25 per cent interest in the MC252 (Macondo) prospect – and BP have concluded that entering into a settlement is in the best interest of the parties to resolve pending disputes. The…