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What´s Deepwater Horizon Oil Disaster?

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Deepwater Horizon oilrig owned by Transocean and leased by British Petroleum (BP) blew up in 2010. It caused spewing of at least three million barrels of oil into the Gulf of Mexico. This incident is considered as the most deadly industrial accident and the greatest environmental disaster. Prior to this incident BP had major industrial accidents that killed employees and/or spilled oil in the environment. Reports suggesting that the top management of BP gave importance to operating cost cutting measures over safety and risk evasion. This ultimately lead to such catastrophic incident. (Bryant, M. and Hunter, T., 2010) Afterwards BP received strong public criticism for its role in the disaster and swiftly attempted image restoration strategies.

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