The BP Oil Spill, which is also called the Deepwater Horizon Oil Spill and the Macondo blowout, started on April 20, 2010 in the Gulf of Mexico. It happened when the Deepwater Horizon oil rig exploded due to methane gas that escaped from the well and caused a blowout. After the rig sank, the oil gusher located on the sea floor pumped up oil for 87 days until July 15, 2010, when a new oil well cap was installed and halted the flow. The BP Oil Spill is considered to be the largest accidental marine
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1 Oil’s Troubled Water British Petroleum (BP) is one of the biggest oil and gas industry in the world. They owned 21,000 services stations worldwide and their brand is most trusted in the world. Then an incident occur in 2012, where BP Deepwater Horizon oil rig has exploded that causes 11 deaths and oil slick at the Gulf of Mexico. BP is being fined billion of dollar by the US government and need to compensate the others that affected by it. 1.1 Political Factors Most of the oil reserved in the
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point that even death could not convince them to make the changes to their company culture. The cycle of errors came to a complete pause, on the evening of April 20, 2010 when a “serious of explosions rocked the Deepwater Horizon, a mobile offshore drilling rig operated by BP in the Gulf of Mexico” according to (Roberto Pg.1) and one that saw a serious of catastrophically events, that would change the lives of many. That fateful night under the cover of darkness, eleven people died and several other
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Northern Drilling Inc. Questions. Chapter 3 (External) 1. Does the industry offer attractive opportunities for growth? I believe that the industry does offer attractive opportunities for growth.Northern is a subsidiary of the worlds third largest exploration drilling contractor. In 2010 the exploration market worldwide was 10.68 billion and expected to increase. The exploration market in Canada was 1.4 Billion USD in 2010. The market is very cyclical and dependent on commodity prices yet
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Ensco PLC Company Analysis and Sell Report Nathan Green December 2, 2010 Finance 573 Dr. John Settle Rick Watson Contents Executive Summary 4 Company Overview 5 Sale Thesis 6 Energy Industry Overview (Oil and Gas Focus) 7 The “Upstream” Oil and Gas Sub-Sector Overview (Offshore Focus) 8 Macro-Level Trends in the Oil & Gas Industry 11 Industry Attractiveness Using Porters Five Forces 13 Bargaining Power of Suppliers: Low 13 Bargaining Power of Customers: Medium
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Offshore Drilling Incorporated Introduction On April 1, 1998, John Dolittle received a call he feared would be coming. His client, Linda Sprague, the President of Petroleum Exploration and Production Corporation (PEPCO), wanted to default on PEPCO’s contract with John’s company, Offshore Drilling Incorporated (ODI). Sprague gave two weeks notice until the papers would be filed. ODI is an offshore drilling contractor that provides mobile drilling rigs, as well as the expertise and personnel to drill
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of management to every employee around the world that Pride International now known by Ensco employ and rely on a team effort to get their jobs done with success. INTRODUCTION Pride International also known as Ensco is the world largest drilling deep ocean oil rigging in the world. We will take a look at what they do, how the work and the meaning behind their beliefs to benefit the employees and the environment in which they work and try to maintain a healthy balance. PRIDE INTERNATIONAL
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Civil Construction Assignment 1. 29 October 2012 Michael McCormick Index page………… 1. Project- South West Rail Link Principal- Transport Projects Department NSW Contractor- John Holland Pty Ltd 2. Introduction to the Project The South West Rail Link includes a major upgrade of the Glenfield Station and interchange and a new twin track passenger rail line from Glenfield to Leppington via Edmondson Park. Transport for NSW is delivering the project on behalf of the NSW Government. John
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mining accident. Company has implemented three plans to rescue the workers which involve an Australian built strata 950 model raise borer type drilling rig, a Schramm Incorporated. T130XXD air core drill owned by Geotec S.A., and a powerful Canadian Built RIG-421 oil drilling rig operated by Calgary – based Precision drilling Corporation. Information for drilling operations will also be provided in detail to employees. The rescue plans crew had developed a way to rescue the miners one by one with pods
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Stop Offshore Drilling The environmental impacts of offshore oil drilling greatly outweigh the economic benefits provided. Although it has been a continuous activity for more than a decade, One can not help but wonder why offshore drilling continues when considering the pollution caused, how it eliminates the supply of natural resources, murders innocent sea creatures, and actually damages the national economy. There are, however, solutions to this problem. Before solutions can be presented, it
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