UK oil major BP will take a $1.7 billion post-tax non-operating charge in the fourth quarter of 2017 as the Deepwater Horizon claims facility approaches closure.
BP informed on Tuesday that the Court Supervised Settlement Program (CSSP) established as part of the Deepwater Horizon (DWH) class action settlement, related to the 2010 Gulf of Mexico well blowout that killed eleven men, is winding down.
Brazil Energy Insight 
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