Deep Water Horizon Oil Spill Letonya Rossi MGMT/1115 Post University 1). Name the organizations which had a stake in the drilling operation. The organizations’ that had stake in the drilling operations were BP Exploration & Production Inc., (were the lease operator of Mississippi canyon block 252, contains Macondo Well), Trans-ocean (chief contractors), Halliburton, (responsible for cementing operations). 2). Should responsibility for the accident be shared among the organizations
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BP bears brunt of blame for the deepwater horizon catastrophe for Report says oil company is 'ultimately responsible' for oil spill but rig contractors also implicated in some areas BP’s share prices rose almost 5% but fell back after report was published Photograph: Molly Riley/REUTERS A key US federal report has focused the blame for the worst offshore oil spill in US history on BP, but criticised its contractors sufficiently for the markets to push BP's share price up. Amid a string of failures
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Running Head: MISMANAGEMENT AT BP Mismanagement at BP Name: Course: Tutor: University: City/State: Date: Mismanagement at BP In 2010, an explosion off the Gulf of Mexico occasioned the worst oil spill in the history of the US. The well that exploded was jointly owned by BP, Moex and Haliburton with BP owning 65% while the rest owning 10% and 25% respectively. The resulting effect was the death of 11 people, the injury of 17
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BP Oil Spill Introduction The United States consumes 19.5 million barrels of oil each day. (Rahman,K. Sabeel, 2011) This demonstrates how dependent the American society is on fossil fuel. This need for large amount of oil to keep the economy moving is having serious environmental impact, particularly in areas where large off shore drilling platforms are located. Each year, approximately one billion gallons of oil is spilled in the ocean. The BP oil spill accident is just of the many oil spills
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BP: Marketing Case Study Sarah Allen, Matthew Earhart, Amelia Pye I. Case Summary BP plc, formerly known as British Petroleum and Anglo-Persian Oil Company, is a multinational oil and gas company headquartered in London, England (“BP”). It is the fifth-largest company in the world measured by 2012 revenues (BP Annual Report 51). Its extensive corporate history has created a non-malleable image and reputation which present-day marketing strategies must overcome in order to effectively promote
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The BP oil spill has become widely accepted as the worst manmade environmental calamity in US history. The disaster wasn’t a catastrophe solely because of the extent of harm it caused the environment, but also because of the lack of concern and benevolence BP (primarily their CEO Tony Hayward) showed towards most stakeholders. This paper will give an account of many of the primary errors that were committed by BP. Also, specific dates will be used as a timeline in order to emphasize BP’s lack of
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Si Peng Professor Sellmer English 123 6 Aug. 2010 Offshore Drilling: A Bad Idea Crude oil is one of the three kinds of fossil fuel (coal, crude oil, and natural gas) that are widely used by humanity. It plays a very important role in our world, as it is one of our primary energy sources. According to the U.S. Energy Information Administration (EIA), the United States is the biggest oil consumption country in the world, which consumes 19.5 million barrels of oil per day (EIA, “Country Energy
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BP Control Functions Incontestably control mechanisms have existed within most businesses and organizations for guiding job responsibilities of employees toward accomplishing the company goals. There are many control mechanisms in a company. A strong human resources department controls managers and prevents employee abuse. Employee performance reviews and incentives assist in the control of employees. Compliance departments control legal risk and monitor operations to ensure the company follows
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I. Executive Summery The evening of April 20, 2010 eleven lives were taken, and 17 others were injured. An exploration for crude oil, now remembered as one of our nation’s largest oil spills in history. A well control event allowed hydrocarbons to escape from the Macondo Well onto Transocean’s Deepwaster Horizon, resulting in explosions and fire on the rig. The fire, which was fed by hydrocarbons from the well continued to burn for 36 hours until the rig sank to bottom of the ocean. “Hydrocarbons
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catastrophic environmental disaster is known as the Gulf Oil Spill occurred on April 20, 2010 about 50 miles off the coast of Louisiana. An oil drilling rig (Deepwater Horizon) leased by British Petroleum (BP) ignited and exploded spewing 42,000 gallons of oil a day into the Gulf. Two days later the rig sank increasing the spill rate to 210,000 gallons of oil a day. Analysis – Government intervention The U.S. Government named BP as the responsible party in the incident; BP was found negligent in communication
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