Transocean and BP describe the incident chronology of the actual events leading up to and immediately following the blow out and explosions on the Deepwater Horizon. Answer: My first thoughts after I read both incident chronology’s, to compare and contrast the way Transocean and BP describe the incidents, is that BP or Transocean do not take ownership of the incident nor do either want to not acknowledge wrongdoing of any aspect of event. Transocean points the finger at BP and BP’s chronology
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Petroleum, the part-owner of the oil well in the Gulf of Mexico, has agreed to pay BP Four Billion Dollars in order to mend all claims from last year’s oil spill. This means that Anadarko is dropping its allegations of gross negligence against BP and giving up twenty five percent interest in the sit (Stothard 2011). The article also shows a few other companies tha tare settling disputes over the oil spill that occurred last April, but its main focus is on the dealings with BP. The most important information
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Running head: OIL DISASTER Deepwater Horizon Explosion Deepwater Horizon Explosion There was a major offshore oil spill that occurred on April 20, 2010 due to the Deepwater Horizon explosion. This has ultimately lead to the largest offshore oil spill in United States History. There have been many efforts made to try and stop the leak and on July 15, 2010 the oil leak was capped. There are now millions of gallons of oil that has leaked into the ocean and is now affecting the Gulf Coast.
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QUESTION 1 : WHERE DOES THE FLAG STATE AND PORT STATE JURISDICTION COMPLIMENT & CONTRADICT WITH EACH OTHER. GIVE A FEW EXAMPLE TO STREGTHEN YOUR CASE In an effort to enhance broader security issues, especially good governance, anti-trafficking, anti-corruption and counter-SALW proliferation, Port States take measures to prevent unwanted vessels, including those with armed security teams, from entering and disembarking at their ports. Port State control complements the obligation of Flag States to
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I found papers that illustrated how crude oil has affected the exposed area where Deepwater Horizon Oil Spill was located. Impact of The Deepwater Horizon Oil Spill on Bioavailable Polycyclic Aromatic Hydrocarbons gave information on The Deepwater Horizon Oil Spill. Which is the largest marine oil spill in United States history. It estimated the amount of oil spilled into the ocean the Federal government accepted estimate of 4.1 million barrels of oil and 7 million was supported by independent researchers
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the environment and I agree with them. Fracking can contaminate nearby water and this in result will cause the water to be harmful to the individuals that drink it. Many politicians fight against allowing fracking to be done, but with high demand for oil many drilling companies lobby to go against any bans on fracking. To the environment it can be harmful if done wrong, but if done correctly than the benefits can outweigh the harm. Fracking is the process of drilling down into the earth, directed towards
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geographical reach * High quality global operations * Very strong brand name | Weaknesses * Cost of environmental hazards * Decline in crude oil and natural gas production * Reaching maturity * Controversies and criticisms * Negative perception | Opportunities * Increasing fuel/oil prices * Increasing natural gas market * More oil discoveries * Expand export market * Investment in the alternative energy business | Threats * Government regulation * High competition *
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A CRITICAL ANALYSIS OF THE BP OIL SPILL RESPONSE AND PREPAREDNESS PLAN FOR THE DEEP HORIZON – WHY DID IT FAIL? Toni Josina Elfrieda Beukes* May 2012† ABSTRACT: Based on events that unfolded in the U.S. in the weeks and subsequently months of the Macondo well blow-out, it is clear that neither industry nor government was equipped to deal with a spill the scale and complexity of the Deepwater Horizon disaster. As one of its key recommendations to President Obama for addressing the causes
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Oil Companies: Where Should the Money be Spent? Jerrilynn N. Stanwood, Stephen Myers, Min Kim, Josue Fernandez, and Angel Paz California State University Long Beach Introduction Our case study was on major oil corporations and how they constantly advertise their business in the media but never present their mistakes to the public eye unless they just so happen to hit newspapers or television. Oil companies should always be concerned in making sure that all their equipment is running correctly
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fisheries, oyster production, shrimp production, oil and gas production, and more from the Gulf produce annual economic activities in excess of $234 billion (Hargreaves, 2010). Oil and gas industry creates $124 billion annually, the largest chunk of Gulf economic activities (Hargreaves, 2010). This industry, while creating the largest economic impact in the area, is also responsible for creating its largest ecological disaster. On April 20, 2010, The BP and Transocean operated oilrig Deepwater Horizon
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