Deepwater Horizon Oil Spill The Context Before the occurrence of the Deepwater Horizon event, BP had already been labelled as having a horrible safety record. A 2009 report by the United States Department of Labour Occupational Safety and Health Administration (Todd & Petterson , 2009), indicated that BP had 270 existing fines of a ‘failure to abate’ and 439 ‘wilful violations’ of various safety protocols. At the time of the disaster the regulators of the oil industry in the United States was the
Until the Deepwater Horizon oil spill, the worst oil spill had been the Exxon Valdez spill in 1979. The Exxon Valdez spill also took place in the Gulf of Mexico and dumped around 190 million less gallons of oil than the BP oil spill. The first cleanup barge did not reach the site for 14 hours and by then, nearly 1,100 miles of shoreline had been covered in oil. This was the first oil spill that was responsible for the eye-opening controversy over the safety of deepwater oil rigs. With that
Deepwater Horizon was a well-known oil drilling rig which operated within the Macondo Prospect located in the Gulf of Mexico. This oil rig was a fifth generation ultra-deep water dynamically positioned, semi-submersible mobile offshore drilling unit, and was built in 2001 by Hyundai Heavy industries.5 Within the year of 2009, Deepwater Horizon drilled the deepest oil well ever recorded—vertical depth of 35,050 feet in the field of Tiber oil.6 A year later in 2010, it was then commissioned within
Strategic Corporate Social Responsibilities and Law Contents BP Company Info 3 Deepwater Horizon Oil Spill Event 4 Summary of the Deepwater Horizon Event 5 Stock price before and after Deepwater Horizon 7 Impact on Stakeholders 8 BP’s Oil Spills and Corporate Social Responsibility 9 Inadequate disclosure on the oil spill event 11 Recommendations for BP to get reputation back 13 Conclusion 14 BP Company Info BP is a global oil and gas company headquartered in London, United
cars). To access this fossil fuel, oil drilling is used. Land-based oil drilling became less productive and as the global stipulation for energy increased, technology, law, and geology impacts stepped in and pushed the exploration of oil away from shores (CITE). With its historical background, offshore oil drilling is one of the most important aspects of today’s economy although we are faced with its risks and consequences, such as the BP Deepwater Horizon explosion of the Gulf of Mexico. Offshore
distances to reach markets throughout the world. With seemingly increasing frequency, these journeys sometimes end in accidents that result in oil being spilled into the ocean. The most devastating oil spill, The Deepwater Horizon oil spill, occurred on April twentieth of this year. Deepwater Horizon is an oilrig located in the Gulf of Mexico and it is owned by B.P. Everything seemed to be running efficiently on the rig until
Oil contamination is devastating for an environment. The free release of oil into the water leads to a wide range of negative consequences, such as “the spread by wind and wave” (Bai & Bai, 2014, p. 363). The oil spillage from the Deepwater Horizon platform floating on the surface was spread by wind and sun, moving over the water’s surface. As a result, the oil spread affected the environment, including the wildlife. The BP oil spill has raised serious risk management issues regarding the governance
Mark Hafle, one of BP’s drilling engineers even claimed the cement job was working fine at court (Ingersoll et. al, 16). The drilling engineers of the Macondo project were warned about potential risks, but they willfully ignored the warnings and insisted everything would work fine. Such bias and rationalized behavior of drilling engineers just added another warning sign to the explosion of Deepwater Horizon. Secondly, BP’s business relationships are complex
AP Environmental Science Deepwater Horizon Oil Spill: The BP Disaster The Deepwater Horizon oil spill in the Gulf of Mexico was one of the most infamous industrial environmental disasters ever. On April 20, 2010, a marine oil-drilling dig called the Deepwater Horizon exploded, releasing hundreds of millions of gallons of oil into the Gulf of Mexico. This explosion resulted in the loss of human life, massive environmental damage, and widespread damage to the livelihood of people living along the
implementing the necessary controls in place to ensure compliance to them. The BP Deepwater Horizon Disaster On April 20, 2010, the British Petroleum (BP) leased Deepwater Horizon drilling rig took an unexpected kick of gas pressure from an oil well in the Gulf of Mexico. The release ignited, and through the failure of the blowout preventers progressed into a firestorm. The fire consumed the drilling rig platform, sinking it, causing 11 casualties, and the subsequent release of 4.9 million barrels