Ethics in the Workplace Case Study: BP Oil Spill On April 20‚ 2010 off the Gulf of Mexico‚ there was a blowout of the Macondo well which is owned by British Petroleum also known as BP. When the blowout took place it got immediate media attention because aspects of the event were known over the world. Within events transpiring it was discovered how limited the resources and reaction to the disaster was going to be. This paper will detail aspects of the event from symptoms of the problem‚ the root
Premium Oil spill Ethics Business ethics
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
Premium Petroleum Mexico Natural gas
explosion of the Deep Horizon oil rig occurred in the Gulf of Mexico Near Louisiana. Fifteen out the of one hundred fifty men who were on board were injured. Approximately two days later‚ the rig sang and oil began spewing. The oil leaked for over one hundred days. The BP oil disaster in the gulf has posed a threat on the people and the environment that surround the oil spill. The effects of offshore drilling can be catastrophic‚ especially after seeing what has happened in the Gulf. There are many concerns
Premium Petroleum Mexico Natural gas
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
Premium Tourism World Tourism Organization
INTRODUCTION Due to the very nature of oil resources‚ the environment is invariably affected. The first way in which the environment is affected by the oil industry is through both the drilling and the transportation processes. The chemicals used in the drilling can be harmful to the environment‚ drilling itself poses a great danger‚ for instance in case of an oil spill (as the Deepwater Horizon oil spill showed)‚ and as the Exxon Valdez disaster so evidently portrayed‚ transportation can be equally
Premium Petroleum Water Natural environment
people in Texas oil refinery. And the other issue of the Alaskan oil pipelines leaked; their culture also reflect the safety negligence in their operation and management. Not check the pipelines by routine maintenance. BP management did not doing any corrective action on the contract worker discovered the first pipeline leak in March of 2006‚ (e.g. whole stop the pipelines operation for checking details)‚ still waiting the leakage happen on August 2006. And in October 2007 another spill in Prudhoe Bay
Premium Petroleum Management Fraud
A case study On Gulf Oil Corp. Course no. F-403 Course Title: Investment Banking & Lease Financing Submitted To Gazi Hasan Jamil Assistant Professor Department of Finance University of Dhaka Date of Submission - Group Profile----08 No Name Roll no. 01 Kutub Uddin Tanvir 14-025 02 Md. Biplob Tarafder
Premium Cash flow Petroleum Kuwait
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
Premium Royal Dutch Shell Leadership Oil spill
Affects of Oil Spill on Oyster Beds Beatrice Hemphill Biology 1408 Section 6300 Mrs. Shipley The oil spill was a terrible desaster that occurs when petroleum was accidentally released into the water and the environment. Oil spills normally take place on land and in the ocean. When the oil spills that occurs on land it can be cleaned up quickly if it is caught in a timely manner ‚ the oil spill caused major damage to the environment and can also affect the
Premium Oil spill Exxon Valdez oil spill Petroleum
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
Premium Petroleum Oil spill