The final bill of BP, covering all the costs related to the Deepwater Horizon oil disaster of 2010 now stands at $61.6 billion. This is the first time BP is giving clarity towards the final cost. In a statement BP said that the figure was the first “reliable estimate of all of it’s remaining material liabilities in connection with the incident”.
The announcement comes as the company attempts to estimate the cost of the disaster, which occurred after a blowout at BP’s Macondo rig in the Gulf of Mexico created an uncontrollable oil spill. The company’s last estimate in it’s first quarter results was $56.4 billion. Among the costs is around 85,000 claims from businesses and individuals who allege the oil spill has caused financial losses.

