BP says U.S. preparing deal to lift contract ban
LONDON (Reuters) - British oil major BP said the U.S. Environmental Protection Agency (EPA) was preparing an agreement that would lift its temporary ban on awarding BP new federal contracts.
"The EPA has informed BP that it is preparing a proposed administrative agreement that, if agreed upon, would effectively resolve and lift this temporary suspension," BP said in a statement on Wednesday.
"The EPA notified BP that such a draft agreement would be available soon."
The U.S. government temporarily banned BP from new federal contracts earlier on Wednesday over its "lack of business integrity" in the Deepwater Horizon oil spill in 2010, a move that BP said could force it to rethink its entire U.S. operations.
BP stressed that it had made "significant enhancements" since the accident.
(Reporting by Rhys Jones; editing by Tim Castle)
- Air strike kills 15 civilians in Yemen by mistake: officials
- Pope attacks mega-salaries and wealth gap in peace message
- North Korea says Jang Song Thaek, uncle of leader Kim Jong Un, executed
- Probation for drunk Texas teen driver who killed four sparks backlash
- Atheists face death in 13 countries, global discrimination: study