Horizon Disaster


Semester Research Project on BP and the Deepwater Horizon Disaster

Don't use plagiarized sources. Get Your Custom Essay on
Horizon Disaster
Just from $13/Page
Order Essay

Business 200 – 1005: Business Organization and Management



Nov. 12, 2020




British Petroleum Company was established in 1909, and in 2010 it reported the most significant marine oil spill to be experienced in the history of U.S waters. On July 15th, 2010, 5million containers (205.8million gallons)had poured into the Gulf of Mexico.A team of specialists estimated the oil flow rate severally and by august conclusion showed that spillage in the Gulf of Mexico was 53,000-62,000 each day.Deepwater Horizon is considered the most massive spill to ever happen in the United States waters. Since the founding of BP, the company has experienced other significant challenges, although the Deepwater Horizon disaster remains the largest (Kellar et al., 2017). For instance, in 1914, the oil company was bankrupt and needed intervention from the British government.In 1992 again, the company experienced another Bankruptcy strike after Prime Minister Margaret Thatcher sold all the company shares making BP resume operations as a private company. Under the leadership of successiveCEOs, British Petroleum has experienced significant disasters. For instance, anexplosion occurred on March 23rd, 2005, at Texas City Refinery, claiming 15 lives and injured 180 people. The company lost more than 1.5billions from the blast.The second disaster was experienced in 2006, and it happened at Alaska’s Prudhoe Bay. The company faced spillage of 200,000 gallons or more. The pipeline had a corroded hole that led to the spill. Inspectors confirmed that the channel had rusted into hazardous thin levels over a distance of several miles.In the year 2010 occurred the most massive spillage ever experienced in the waters of the United States. More than a 205.8million gallons of oil spilled in the Gulf of Mexico. One hundred twenty-six lives were lost, and 17 people were injured. The company experienced a considerable loss since an estimate of 700,000 gallons had spilled in the United States waters.

After the BP Company became bankrupt in 1914, it sought help from the government. Since Britain required a continuous supply of oil, Winston Churchill had to convince the government to buy 51% of the company shares. In 1992 the company experience yet another bankruptcy after resuming ownership of the company from the government. The company had lost $811million. At this time, the company could not seek help from the government, and it began taking growth strategies with the help of the CEO at that time, for instance, merging with competitor companies like Amoco and ARCO. After Tony Hayward replaced his predecessor John Browne CEO, he cut several levels in the management system. Hayward laid off many workers intending to cut the company’s operational cost. According to Hayward, many people were involved in making decisions, and this led to extreme cautiousness. After the oil spillage in Alaska Bay in 2006, the CEO John Browne held a meeting with the company’s 200 top leaders. The conference aimed to discuss and put emphasis on safety commitment. Messages on safety were sent to employees from the president of BPs in the United States of America. Managers participated in meeting together with employees to improve safety in the company. Due to employees’ concern, BP selected Stanley Sporkin, a retired Judge, to handle employees’ apprehensions.BP set aside $7billion to upgrade matters of safety. The company decided to replace the pipelines that had led to the spillage in Alaska Bay. After the biggest marine disaster referred to the deep-water horizon in 2010, BP had to take action (Kellar et al., 2017). BP being a company that was committed to safety, it was hard to understand how such a disaster could occur. The tragedy led to the idea of closing the Macondo well. By completing the well, decisions were made that involved risk mitigation, time, safety, and money. A team of investigators was formed to determine the cause of the disaster and come up with solutions.







The Homework College
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We ensure that our writers and editors work within the work guidelines and follow all paper instructions to the letter. When placing an order, you choose the academic field and expert level (high school, college, university, or professional). Our team then assigns your paper to a writer with a respective qualification or degree to ensure that you receive quality work.

Professional and Experienced Academic Writers

We employ professional writers with more than two years of experience in academic and business writing. Most of our writers and editors are native English speakers to ensure quality and professional work. We are confident that our team of professional writers can handle all types of business and academic writing work.

Free Unlimited Revisions

We provide a free revision service for all orders. If you feel that our writers missed something, you can request a revision of your paper at no additional cost. When we deliver your work, you have seven days to go through it and request a revision or modification if you are not satisfied. You can also contact our support team directly for any clarifications and queries on revision.

Prompt Delivery and 100% Money-Back-Guarantee

We ensure that all papers are delivered on time. In case we need more time to master your paper requirements and deliver quality work, we may contact you and discuss a deadline extension. If a deadline extension is not feasible, depending on the work and submission deadlines, we guarantee a 100% refund.

Original & Confidential

To ensure that we deliver plagiarism-free work, we use various writing and plagiarism checking tools. Our professional editors' team carefully goes through all work and references used in papers to ensure proper referencing and that original work has been done. We also guarantee confidentiality in all the services that we provide.

24/7 Customer Support

Our support team is available round the clock for any customer queries and communication. We guarantee 24/7 customer support and assistance. Feel free to contact us at any time of day for questions and follow-ups.

Try it now!

Calculate the price of your order

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

You do not have to spend sleepless nights worrying about your paper. We got you covered. We offer all kinds of writing services.


Essay Writing Service

Regardless of the type of academic paper you need and its urgency, we have writers on call ready to work on your paper. Feel free to choose the field, educational level, and type of paper you want, and we will deliver it at an affordable price. We are here for all your academic and business paper needs. With our round the clock service, we guarantee that you will receive your work on time.


Admission Essays & Business Writing Help

Admission essays are written by students wishing to join a college, graduate school or university, as applications for enrollment. We guarantee quality admission essays and business papers with our professional writing and customer care support services.


Editing Support

We have experienced academic writers and editors who are on standby to make all the necessary changed to your paper at your request. We ensure that your paper is polished and appropriately formatted (APA, Harvard, Chicago/Turabian, MLA formats) before it is delivered.


Revision Support

We provide revision support, where you can request a revision of a delivered paper if you feel that it can be improved or repolished. Your paper is checked by an experienced writer or editor for revamping and improvement upon a revision request. Revision service is free, and you can use it as many times as you wish until you are satisfied with your paper.