Chevron was ordered to pay $740 million to restore damages the oil and gas major caused to southeast Louisiana’s coastal wetlands, the Associated Press reported on Friday.
The ruling — delivered by a jury — awarded $575 million for land loss compensation, $161 million to compensate for contamination and $8 million for abandoned equipment, the report added.
The lawsuit was originally filed by the Plaquemines Parish, a rural district in Louisiana, in 2013.
Louisiana coastal laws mandate that all mineral and exploration sites used by energy companies must be “cleared, revegetated, detoxified, and otherwise restored