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LONDON, July 28 (Reuters) - Oil major BP has reached an additional $1 billion settlement agreement for claims from local U.S. government entities regarding the Gulf of Mexico oil spill, bringing the total bill to $54.6 billion, it said on Tuesday.
"As part of the agreements in principle, BP agreed to pay up to $1 billion to resolve claims made by local government entities," the company said in its second-quarter results update.
On July 2, the oil company reached a milestone $18.7 billion settlement with the U.S. government and five states to resolve claims from the deadly 2010 Macondo oil spill. (Reporting by Karolin Schaps; editing by Jason Neely)