Bp The Spill Of The Gulf Of Mexico - 921 Words

On April 20, 2010, an explosion occurred aboard BP contracted Transocean Ltd Deepwater Horizon oil rig stationed in the Gulf of Mexico. Eleven workers were killed instantly. Unfortunately, the BP management did not wake up that morning (or countless mornings before) expecting the event to occur for it took them almost 4 months to clean up the spill. The first month was spent forecasting the rate of the spill and having President Barack Obama tour the site. Only on May 26, 2010 did BP initiate the first form of clean up procedure known as top kill. Needless to say, this attempt failed. Thus, well over into the second month after the incident, oil remained leaking and BP had not yet figured out how to contain it. Finally on July 10, 2010 BP removed a timeworn containment cap from the well to install a new one. At last, on July 15, the oil stopped flowing freely. Noting that it took BP over 4 months to replace a timeworn containment cap just to stop oil from contaminating the Gulf of M exico, it is readily questioned why such a well-established mega giant never considered the chance of having a blast at an operating site. On the bright side, due to this incident and similar others, numerous organizations have been formulating and establishing emergency or disaster plans and policies to respond to a variety of disaster scenarios. Thus, suggesting that contingency planning is imperative for an organization in the long run in order to avoid massive instant loss since thereShow MoreRelatedBP Gulf of Mexico Oil Spill 905 Words   |  4 PagesCASE STUDY- MINI CASE: BP GULF OF MEXICO OIL SPILL CASE SUMMARY 1. In a narrative format, summarize the key facts and issues of the case. In the case of the BP Gulf of Mexico oil spill, we examine the effects of an organization not being prepared for this particular crisis. The world scrutinized the actions, inactions, and the human decisions made by BP that led to a major catastrophic crisis. The organization was not prepared for a crisis of this magnitude. Our text stated that this type of negligenceRead MoreBP Gulf of Mexico Oil Spill771 Words   |  3 PagesDiagnosing Conflict caused by the BP rig explosion of spring 2010 in the Gulf of Mexico and analyzing it through the Triangle of Satisfaction was a challenging endeavor. Looking through the eyes of BP, the State of Louisiana and the US Federal government I first identified the motivating factors from each perspective. British Petroleum BP is a powerful mega-organization, with a business model that reports â€Å"their belief of achieving sustainable success as a group, is to act in the long term-termRead MoreBp Oil Spill On The Gulf Of Mexico1249 Words   |  5 PagesBrittneigh Campbell POS 303 BP Oil Spill Survey Research Question How did the BP oil spill in the Gulf of Mexico in 2010 affect our economy and environment, and what does the future hold, with regard to the environment, oil drilling, and sustainability? Introduction For the best range of participants and the east of analyzation, I chose to conduct an electronic survey. I posted the survey (publically) on Facebook. This allowed people from all over the country, from almost all sections of social-economicRead MoreEssay on BP Oil Spill in the Gulf of Mexico3115 Words   |  13 Pages An oil spill of 4.9 million barrels, which happened in 2010, created not only turmoil for the environment, but caused the economy to take a great hit from the loss of an important raw material. Transocean were the owners of the oil rig drilling on behalf of BP, who were the ones at fault for the spill. This event caused a stir in both the government and non-governmental organizations, because of the extensive damage that it caused. Federal investigations were put under way to determine theRead MoreCase Study: BP and the Gulf of Mexico Oil Spill3602 Words   |  15 Pagesdisaster strictly a BP failure or an industry accident?.................................. ......................................2 What factors affect the competitive environment of the oil industry? ...........................................................2 Question 2 ............................................................................................................................................................4 What were the most significant flawed decisions made by BP and its partnersRead MoreBp And The Gulf Of Mexico Oil Spill Case Study3246 Words   |  13 Pages BP and the Gulf of Mexico Oil Spill Case Study Tamatha French Management 6000 Hawaii Pacific University â€Æ' Introduction and Background On April 20, 2010, the petroleum industry suffered the largest maritime disaster oil spill in its history known as the Deepwater Horizon oil spill. The Deepwater Horizon oil rig that had been working on a well for BP in the Gulf exploded and went up in flames. Subsequently, massive amounts of oil spilled out into the water, threatening the marine life andRead MoreThe April 2010 BP Horizon Oil Spill in the Gulf of Mexico1011 Words   |  4 Pages These two studies investigated the effects of the April 2010 BP Horizon oil spill in the Gulf of Mexico, and the observable effects that it has had on coral reef and salt marsh ecosystems. The study conducted by White investigated nine coral communities six months after the spill using ROVs. In an area 11 km west of the spill site, the researchers studied scleractinian, gorgonian, antipatharian corals and found many that were covered with floc, a brown flocculent material, that is linked to coralRead MoreBp s Rebranding After The Us Gulf Of Mexico Oil Spill 20101792 Words   |  8 PagesBP’s Rebranding After The US Gulf of Mexico Oil Spill 2010 A brand is an organisation, product or service which has created an emotional connection with their consumers in order for them to favour their brand over their competitors. It is incredibly important for brands to keep up their image and one little thing could change the global perception of a business. It takes a lot to maintain a brand image that has been built up over a long period of time and even more to regain it if that reputationRead MoreBritish Petroleum and Its Corporate Strategy1595 Words   |  7 Pagesthat British Petroleum (BP) adopts with specific focus on the Deep-water Horizon offshore oil spill in the Gulf of Mexico in April 2010. BP will be assessing using varied strategic theories and strategic choices will be suggested. It is commissioned for Carl-Henric Svanberg, BP s chairman. Brief Company Profile BP is the third largest energy producers in the world. The business is integrated in finding, extracting and supplying oil, gas and petroleum. BP was privatised in 1980 sRead MoreThe Deepwater Horizon Mobile Offshore Wells Exploratory Platforms1537 Words   |  7 Pagesnear the Gulf of Mexico, operated by British Petroleum, on April 20, 2010, or known as BP oil spill. The BP oil catastrophe ignited due to high-pressure methane gas by drilling a deep exploratory at Macondo well, reported by Up Stream Online news. The Gulf of Mexico oil spill still outlasts as a great size accidental marine oil spill in the records of the petroleum industry. The date, report details, and location were based on a doctrine of New York Times. Multiple consequences of BP oil spill include