This fact means that as a result of the explosion, over 53,000 barrels of oil were spilled each day of the accident (from July 10 till July 15) before the workers could cap the well.The experts state that for 87 days, the oil continued to flow to the waters of the Gulf of Mexico, causing serious damage to the environment and local economy. government declared that the BP oil spill in the Gulf of Mexico can be regarded as a national disaster.
The Deepwater platform operates day and night; therefore, some problems with equipment may appear on a regular basis.
This report is aimed at giving explanation of some important risk management practices that should be taken into consideration by other companies to avoid negative consequences, similar to the Deepwater Horizon platform’s disaster.
The oil spill affected both human beings and the environment, polluting and damaging vast areas of the adjacent territories and the large populations of wildlife.
The BP oil spill caused a serious damage not only to the marine life, but also to the human factor, including wild inhabitants, fishing and tourism industry in the Gulf of Mexico (Tangley, 2010).
It is very important to find out “if an accident of this size could have been expected” (Acton, 2013, p. The general aims of the analysis presented in this paper include: This report is significant for assessment of the key risk management issues that are associated with the oil spill in the Gulf of Mexico.
The BP’s handling of the Deepwater Horizon oil spill that occurred in 2010 teaches people some important crisis management lessons.
The BP oil spill in the Gulf of Mexico is considered to be the “largest accidental marine oil spill in the history of petroleum industry, being 8%-31% larger in volume that the previous largest oil spill, the Ixtos I oil spill” (Holland & Schemwell, 2014, p. The BP oil disaster is often called the Deepwater Horizon oil spill.
It occurred on 20 April 2010 in the Gulf of Mexico on the BP-operated Macondo Prospect.
This information helps to better understand the negative consequences of the BP oil spill in the Gulf of Mexico that occurred on April 20, 2010.
The negative effects from oil spill have been widely discussed in scientific literature.