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In the wake of the 2010 Deepwater Horizon explosion and oil spill in the Gulf of Mexico, BP Exploration and Production, Inc. and Transocean Deepwater, Inc. each pled guilty to criminal violations of federal law. The plea agreements in those cases require BP and Transocean, among other things, to make certain monetary payments to NFWF that are designated to fund projects benefiting Gulf Coast natural resources injured as a result of the spill. NFWF has established the Gulf Environmental Benefit Fund to receive and administer these funds. Funding was committed to the following projects under the Gulf Environmental Benefit Fund during Fiscal Year 2020 in accordance with the terms of the plea agreements. Since its inception in 2013, NFWF has awarded nearly $1.5 billion to projects in the Gulf States.
