Plea Agreements
In early 2013, a U.S. District Court approved two plea agreements resolving certain criminal cases against BP and Transocean that arose from the 2010 Deepwater Horizon explosion and oil spill. The agreements direct a total of $2.544 billion to the National Fish and Wildlife Foundation (NFWF) to fund projects benefitting the natural resources of the Gulf Coast that were adversely affected by the spill.
BP Plea Agreement
Under the BP plea agreement, NFWF oversees the distribution of $2.394 billion in settlement funds. The payments were made over a five-year period and were completed in January of 2018.
View the NFWF press release
View the Plea Agreement
View the Provisions of the Plea Agreement Pertaining to NFWF
View the Department of Justice/BP Joint Memorandum
Transocean Plea Agreement
Under the Transocean plea agreement, NFWF oversees the distribution of $150 million in settlement funds. The payments from Transocean were made over a three-year period and were completed in January 2015.
View the NFWF press release
View the Plea Agreement