GAS STATION OIL SPILL ANALYSIS By: Naira Malaquias April 24‚ 2012 TABLE OF CONTENTS 1. INTRODUCTION………………………………………………………………………1 2. PROJECT SPOCE ……………………………………………………………………3 3. WORK BREAKDOWN STRUCTURE AND AON…………………………………..4 4. COST BREAKDOWN STRUCTURE………………………………………………...5 5. COST CONTROL PROCEDURES…………………………………………………..6 6. OIL SPILL CASE……………………………………………………………………….7 7. REMEDIATION PLAN…………………………………………………………………8 8. AUDIT PROCEDURES………………………………………………………………
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WHAT IS AN OIL SPILL? An oil spill is the discharge of a liquid petroleum hydrocarbon into the environment‚ especially marine areas‚ due to human activities‚ and is one form of pollution. An oil spill occurs when a vehicle‚ vessel‚ pipeline or drilling rig releases petroleum products into the environment uncontrollably. The first major oil spill on record happened when the Thomas W. Lawson schooner became beached in the Isles of Scilly in 1907‚ spilling 58‚000 barrels of paraffin oil into the
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Deepwater Horizon oil spill July 5‚ 2010 Word count: Background: BP plc is a British-based global energy company which is the third largest energy company and it is the United Kingdom’s largest corporation the fourth largest company in the world (BP‚ Wikipedia). Its name is initials of the company’s former legal names British Petroleum. British Petroleum merged with Amoco in December
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Annual Report Project Did BP responded adequately and efficiently after the Oil Spill in April 2010 TABLE OF CONTENTS Introduction p. 1 BP Oil spill characteristics p. 2 Cost Analysis of the spill p. 6 Clean-up of oil spill and recover environment p. 6 Estimation and recognition of the cost………………………………………………..p. 6 Financial highlights…………………………………………………………………….p. 7 1. Sale of Assets/ Opportunity Cost 2. Share Price Drop
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The Deepwater Horizon Oil Spill The largest marine oil spill in United States history began on April 20‚ 2010‚ with an explosion at the Deepwater Horizon offshore oilrig in the Gulf of Mexico. Millions of barrels of oil flowed into the water over the next 87 days‚ much of which washed up on shore along the Gulf coast region of the United States and Mexico. The accident was the result of numerous shortcuts undertaken by BP‚ and resulted in both environmental destruction and legal action. The events
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Essay 1 The Deepwater Horizon oil spill was an oil spill in the Gulf of Mexico which flowed for three months in 2010. This spill had a catastrophic on the environment causing extensive damage to marine and wildlife habitats as well as killing 11 workers and injuring 17 others. This spill is the “worst environmental disaster the US has faced”‚ according to White House energy adviser Carol Browner. Why did this occur? The staff of the BP Deep Water Horizon Oil Spill and Offshore drilling Commission
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Module Name: Oil & Gas Management Module Code: POG210 Module Leader: James Milne Student Full Name: Desmond Guy Harvest Student ID: 31661 Resit Assignment Essay Abstract: The intention of this Essay is to examine about sufficient understanding BP‚ which is one of the biggest well known since 1908. However the saddest oil spill disaster has taken way the life of 11 BP Employees‚ but it also made an impact in the environment such as ecosystem‚ the ocean’s suffer from oil covering bodies‚ and
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Mahalia Gauld January 18‚ 2011 MGMT 2850 Case Study #1- Exxon Valdez Situation in Brief: On March 24‚ 1989‚ an Exxon supertanker spilled 11 million gallons of oil while traveling through the pristine waters of Alaska’s Prince William Sound. The consequences of this spill were detrimental and continue to affect life today. The oil spill killed thousands of wildlife‚ extensively damaged a portion of the beautiful Alaskan environment‚ and eventually affected the economy to global proportions. Unfortunately
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Effects of Oil Spills & Fluctuating Gas Prices in the United States of America Strayer University Spring Semester 2010 “Every area in the country is subject to some kind of disaster - flood‚ hurricane‚ earthquake‚ to name a few. Even man-made disasters - oil spill‚ civil unrest‚ fire - can devastate the surrounding neighborhood and economy. Even though an area has never been damaged before‚ there is no guarantee that it will not happen tomorrow.” ~Carol Chastang Oil spills not only affect
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Pennsylvania the first oil well was drilled (Congressional Digest 2010). The thirty-eight years following that first onshore oil well would be dedicated to searching for offshore oil resources (Congressional Digest 2010). By 1896 those who searched accomplished what they set out to do off of Summerland‚ California (Congressional Digest 2010). During 1910‚ oil was an invaluable source of energy in America (Congressional Digest 2010). The people of America came up with ways to access and gain oil quicker than
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