RSS FeedThe US Olympic Committee says it intends to maintain its partnership with BP, the third largest energy company in the world, providing it can find "as quick a solution as possible" to the crisis in the Gulf.
The USOC board discussed its sponsorship with the embattled oil company - which has been under siege since a drilling platform it was operating blew up on April 20, killing 11 workers and doing untold damage to the Gulf - at its quarterly meeting yesterday.
"The board is monitoring the situation very carefully," said USOC chairman Larry Probst (pictured). USOC spokesman Patrick Sandusky confirmed there were no changes planned.
BP signed its sponsorship deal with the USOC in February, saying the
Olympics was a great opportunity to show its dedication to
environmentally sustainable energy production. The deal provides USOC
with about 6 to 7 per cent of its sponsorship revenue.
In addition to sponsoring the USOC, the oil company also sponsors the London 2012 organising committee.
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