INTRODUCTION Upon the evening of April 20th‚ 2010‚ a series of deadly explosions occurred within the oil rig giant‚ Deepwater Horizon‚ an immense offshore drilling platform‚ located 40 miles off the Louisiana coast (Steffy‚ 2011). These explosions were due to a defective blowout preventer and numerous gas leaks seeping up and through the well to the riser pipe‚ connecting to the rig‚ igniting fire. The efforts of attempting to save this flame ridden platform was lost on April 22‚ 2010‚ for the rig
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run‚ then what’s the point? They would just assume the risk and move on. And why wouldn’t they‚ they are a for-profit business. Its only after an accident happens that they look to safety to save them money. British Petroleum’s Deep Water Horizon oil spill is a prime example. A friend of mine actually worked for BP as a fire protection supervisor leading up to this accident. He told me that on an inspection of that rig a year earlier‚ he recommended 3 million dollars in upgrades. Of course‚ they didn’t
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and Scientific Coordinators Workshop 2004 The Environmental Impact Of Marine Oil Spills Effects‚ Recovery and Compensation Dr. Brian Dicks Technical Team Manager‚ International Tanker Owners Pollution Federation Ltd Paper presented at the International Seminar on Tanker Safety‚ Pollution Prevention‚ Spill Response and Compensation‚ 6th November 1998‚ Rio de Janeiro‚ Brazil INTRODUCTION The short-term effects of oil spills on marine species and communities are well known and predictable. However‚ concerns
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Petroleum “BP” Oil Spill On April 20th 2010‚ British Petroleum better known as BP had an extremely destructive impact on the environment and the livelihood of those in Gulf Coast area of Louisiana‚ Mississippi and Florida. BP’s Deep-water Horizon oil rig was located offshore‚ 52 miles off the southeast coast of Venice‚ Louisiana. An explosion on the Deep-water Horizon oil rig caused a massive fire that claimed the lives of eleven BP workers. After 36 hours of burning‚ the Deep-water Horizon oil rig sunk
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their domestic consumptions of oil have led to increased prices of gasoline whereby alternative forms of energy production are sought. With this in mind‚ offshore drilling can be a viable option for satiating the need of oil and also to boost the economy of the nation. In this report‚ I am going to discuss how the current Deepwater Horizon rig explosion has led to disastrous oil spill into the Gulf of Mexico causing environmental problems and also discuss how the oil spill if resolved and with safe and
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Oil is one of the most important resources that empower the economy. It is mainly used for transportation‚ cooking‚ heating‚ and also electricity generation. Without oil‚ transportation‚ manufacturing‚ and production of food may not be possible. Oil came from fossils and dead organisms that submerged to the bottom of the ocean‚ or what we so called Oil Wells. It was collected by oil rigs by digging the bottom surface of the ocean. Deepwater Horizon oil spill is one of the biggest and controversial
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SHELL COMPANY OIL SPILLS IN NIGERIA By MOHAMMAD MOHIB SIDDIQI H00034532 Executive Summary Shell is one of the global energy and petroleum companies around the world. The strategy of Shell Company is to generate more profit for the organization and to move forward the business investments so that Shell Company is sustaining a competitive situation in the Global market and to provide revenues to the shareholders by meeting
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PROF. J.R. VARMAACADEMIC ASSOCIATE: MS. VAISHALI SATTAREPORT PREPARED BYGROUP 12MEENAKSHI DEOGAM M. SHYAMNIMISHA SAXENARAGHAV YADAVROHAN ANANDDATE OF SUBMISSION: 24TH AUGUST‚ 2010 | | Effect of BP oil spill and subsequent market reaction on the assets of pension funds and mutual funds Case Facts:- * 20th April 2010 – an explosion caused by blowout on Deepwater Horizon rig kills 11 crewman (including 9 Transocean employees) and ignites a fireball
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Crew member onboard the Deepwater Horizon oil rig were awoken the morning of April 20‚ 2010 to the sound of multiple explosions. The Deepwater Horizon rig was positioned in the Gulf of Mexico about 40 miles off the coast of Louisiana. It was positioned about 5‚000 feet above the seabed and the oil pipe extended another 18‚000 feet into the rock below. It was owned and operated by Transocean and leased to BP. There were 127 crew men onboard the rig at the time of the explosion. The crew man began
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simple informative commercial or newscast. My main focus will be on the BP oil spill. The first sociology theory I will compare with is symbolic interactionism. Symbolic interactionism is the use of symbols or face to face interaction. The way that this relates to the BP oil spill is the way that the owner of the company‚ Kenneth R. Fineburg‚ said that he was going to help and compensate the victims of the oil spill. Commercials and speeches were made about his plans to pay back for the damage
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