First and foremost‚ British Petroleum oil company as well as” Deepwater Horizon Oil Spill”. It is one of the most terrible disaster that happened to humanity history. This is due the harm that it had in regards to humanity‚ environment and economy. The time line of the Deepwater horizon oil spill it was documented as the foulest oil spill in the US antiquity. On 20th April ‚2010 the blast and the decrease of the Deepwater horizon oil rig at the Gulf of Mexico that has murdered 11 folks and 17 other
Premium Petroleum Oil spill Exxon Valdez oil spill
Deepwater Horizon Oil Spill The Deepwater Horizon oil spill was a devastating event that lasted several months. It occurred on April 20 through July 15‚ 2010 offshore Louisiana‚ Gulf of Mexico‚ USA. Deepwater Horizon is owned and operated by British Petroleum (BP). The spill was caused by an oil gusher on the ocean floor. The Deepwater Horizon rig started drilling a well at a water depth of 5‚000ft in MC block 252 when it caught fire in April 2010. Deepwater Horizon is a
Premium Petroleum Mexico Natural gas
company was 2nd largest oil company in the world with over 92‚000 employees. The company had to face a dark time in its history when on April 20‚ 2010 the Deepwater horizon oil spill occurred. Through 3 major cracks oil spilled into the ocean. Affected by the oil spill were five states; Alabama‚ Louisiana‚ Mississippi‚ Texas and Florida. The disaster was if even comparable much worsted then any environmental disaster the US had to face since the result of the millions of gallons of oil spilt into the Gulf
Premium Petroleum Oil spill Exxon Valdez oil spill
Introduction The Deepwater Horizon rig sank on April 22‚ 2010‚ two days after the Macondo well blowout and explosion that killed 11 workers. The Deepwater Horizon accident‚ also known as the BP Oil Spill‚ was a project failure of immense proportions. It went from an oil exploration “project” to a massive program with portfolios of projects related to dealing with the families of those killed on the oil rig‚ stopping the oil leak‚ capturing the oil (from the well and from the ocean)‚ cleaning the
Premium Risk management Petroleum Oil well
right of receiving a respectable or bad service. It can be argued that individuals have the rights to make reasonable claims on society or other individuals. 2.0 CASE STUDY On April 20‚ 2010 the Deepwater Horizon oil rig‚ owned and operated by Transocean and drilling for BP in the Macondo Prospect oil field‚ during the final phases of drilling the exploratory well at Macondo‚ experienced an explosion and sank 50 miles off the
Premium Political philosophy Liberalism Individualism
Nancey A Van Dyke Professor Maney Hazard Analysis and Impacts FFP1830 25 May 2010 BP Horizon Oil Spill Back in the ’40s and ’50s I believe that companies stood behind their products. In later decades I don ’t think it was as common and there were a lot of lies‚ double books‚ and skimming going around. In this current age how many companies can you honestly say you would invest in their products for the rest of your life? BP is just one of thousands of companies that work by the bottom line
Premium Petroleum Oil spill Exxon Valdez oil spill
In the article‚ it is proposed that the Deepwater Horizon oil spill of 2010 could be used as a possible learning tool for engineering students. The oil spill devastated the marine ecosystem of the Gulf of Mexico‚ and caused great economic hardship for the people‚ particularly fisherman‚ of the Gulf coast. The article asks for a closer examination of the Deepwater incident to inspire students‚ expand their technological literacy‚ and provide students an opportunity to apply their skills to a real
Premium Petroleum Oil spill Exxon Valdez oil spill
Deepwater Horizon Oil Disaster Conflict Kris Stephens BUS 5903 Conflict Resolution Dr. Jacqueline Gilliard Kstephens1@twu.edu August 22‚ 2010 Executive Summary British Petroleum (BP) is one of the largest oil companies in the world. They have recently been making the headlines for all the wrong reasons after suffering a record breaking oil spill in the Gulf of Mexico. Tony Hayward‚ former CEO‚ has been criticized for his handling
Premium Petroleum Oil spill Oil platform
For many oil companies‚ the Gulf represents some of their most profitable and promising properties. The White House is seemingly making an increased show of pressuring BP‚ but President Obama is facing political heat from within his own party for what some say has been a lackluster response to the oil spill in the Gulf of Mexico. Since the spill began‚ there has been some intense political debate regarding BP’s responsibility‚ the government’s response‚ and the extent of the environmental damage
Premium
The key causes of the Deepwater Horizon Disaster are overconfidence bias‚ incompetence‚ poor decision making‚ and ignored warning signs. As years go by‚ good leaders continue to make bad decisions due to certain cognitive biases which inhibit us from viewing problems as they need to be seen; therefore‚ our minds distort information received and make miscalculations when processing the information (Mackin‚ 2010). Since BP was a very successful organization‚ it had grown overconfident in its projects
Premium Management Project management Decision making