Incoming CP CEO Bob Dudley is expected to discuss the company’s long-term recovery plan in the Gulf of Mexico during a news conference in Mississippi on Friday.

BP also announced Friday that it will set up a $100 million charitable fund to support unemployed oil rig workers experiencing economic hardship due to the deepwater drilling moratorium imposed by the Obama administration.

The announcement came after about 250 attorneys gathered in Boise, Idaho for a hearing Thursday with the federal Judicial Panel on Multidistrict Litigation (MDL) on the venue where the oil spill cases will be consolidated, as well as the judge or judges who will preside over the litigation. The panel of seven judges is expected to issue a decision in August.