Drilling rig Essays

The Deepwater Horizon was a 10 years old off shore semi-submersible drilling rig that is capable of working in water depths of up to 3,048 m. The Deepwater Horizon was built by Hyundai Heavy Industries in South Korea in 2001 and is owned by Transocean Ltd., the world’s largest offshore drilling contractor and also the leading provider of drilling management services worldwide. Transocean owns a fleet of 135 mobile offshore drilling units and 8 ultra - deep water new build units. The company’s fleet

and deep-water drilling in the Gulf of Mexico began as early as the 1940s, and it has been a vital source of oil and gas for the United States (National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling n.d.). In specific, deep-water drilling pump oil in the deep sea level—a permanently dark environment with constantly cold temperatures just above freezing and extremely high pressures (The Ocean Portal Team 2018). Despite technique challenges of deep-water drilling, the huge profit

Switzerland Transocean Ltd (RIG) is the largest offshore oil drilling companies in the world. RIG is traded on the New York Stock Exchange (NYSE) and on the Swiss exchange (SIX). Its market capitalization of $5.06 billion on the NYSE makes it the largest by capitalization among its peers (Yahoo, 2015). It contracts its offshore rigs, drilling equipment and personnel to oil and gas companies around the globe. RIG specializes in “deepwater and harsh environment drilling services” with its fleet (as

For hundreds of years offshore drilling has been a vital component to the economy, sadly, offshore drilling is commonly associated with contamination of the food chain, contributing to air pollution and and causing many catastrophic oil spills. Considering this has been a problem for so long it is urgent that something is done sooner to save the environment. Oil spills create a hazardous environment for people and wildlife to live in, food contamination, air pollution and oil spills which are all

and among competitors. From technology perspective, many complex systems were present in the drilling rig including cement testing and modeling software for testing the pressure in the drilling pipes. BOP (Blow out Preventer) inducted on the top of the well for the risk management purpose so that in case of emergency, the well could be cut off the drilling rig and hydrocarbons were unable to reach the rig. Regardless of such advance technologies on

Deepwater Horizon British Petroleum, hereafter referred to as BP, is a giant among firms in the gas industry. On April 20, 2010, an oil drilling rig leased by BP in the Gulf of Mexico, suffered ultimate collapse and claimed the lives of eleven workers and inflicted severe injury on 17 additional crew members. The Deepwater Horizon incident was the result of a blowout of a wellhead and blazed for 36 hours following the initial explosion (Shultz, Walsh, Garfin, Wilson, & Neria, 2015). This tragic

Deepwater Horizon (2016) movie is about the explosive disaster at offshore drilling rig which called Deepwater Horizon. It was filmed based on a true story happened on April 20, 2010 and started at 9:56 pm which were situated at Louisiana Coast. The horrific event took place at the Deepwater Horizon semi-submersible Mobile Offshore Drilling Unit (MODU), which was operated by an oil and gas company, Transocean with drilling for BP in the Macondo Prospect oil field. There were 126 crews on board before

Abstract The Deepwater Horizon Rig explosion that occurred on 20th April, 2010 resulted in approximately 4.9 million barrels of oil been released into the Gulf of Mexico for months and will go down in history as the biggest and most catastrophic oil spill to ever to occur. This research discusses the underlying issues that caused the explosion. The effect on the stakeholders, BP’s response to the crisis and the different approaches they could have taken before and after the accident.

1 The Deepwater Horizon was a drilling rig, which had been rented by British Petroleum (BP), in the Gulf of Mexico. The rig exploded on April 20th, 2010, pouring nearly 5 million barrels of oil into the sea over a three months’ span. This environmental crisis endangered marine wildlife, as well as workers that were injured during the explosion. Of 126 people, 28 workers in total were hurt, leaving 11 that were fatally injured, while the other 17 were severely injured (Crandall, Parnell, & Spillan

There are several factors that caused the explosion that destroyed the Deepwater Horizon drilling rig in the Gulf of Mexico. The event lead to the death of 11 people and was one of the biggest oil leaks in history. According to BP, the accident was caused by failure of different safety systems meant to prevent such kind of accident (Steffy, 2010). The cause of the spill included valve failure, dodgy cement, pressure test misinterpreted, lack of gas alarm, and delay in spotting the leak. The various

Deepwater Horizon is a Korean built oil rig platform that sat in the Gulf of Mexico. It arrived and became operation in the Gulf of Mexico in 2001 (Crandall, Parnell & Spillian, 2014). Although it functioned as a living quarters for employees, its main function was to drill for oil (Crandall, et al., 2014). The United States began using deepwater drilling as an alternative to offshore oil production in response to depleting oil reserves in more shallow waters off the United States’ coastline.

“In the BP Oil Spill, more than 200 million gallons of crude oil was pumped into the Gulf of Mexico for a total of 87 days, making it the biggest oil spill in U.S. history.” BP has killed thousands of marine wildlife do to the oil spill. “These guys here certainly will survive for a while. But the ones that can 't swim as fast, they 're called prey.” - Stanley D. Rice, U.S. witness. Biological diversity has estimated that the oil spill has killed around 82,000 birds, 6,165 sea turtles, and at least

Gulf Deep-water Oil Spill The Gulf oil spill is considered the worst oil spill and one of the worst environmental disasters in the U.S. history. It was April 20th, 2010, that the Deepwater BP oil rig exploded and penetrated in the Gulf of Mexico sea. The Gulf oil explosion killed 11 workers but most of the impact was on marine species such as turtles, herons, gulls, birds, fishes, and sea mammals. Moreover, 16,000 total miles of coastline have been affected, including the coasts of Texas, Louisiana

Most companies have their downfalls throughout their history that are either due to natural causes, or due to poor management. The Exxon Valdez oil spill is no exception to this. This particular oil spill has had Exxon Valdez oil spill was an environmental catastrophe that caused lasting effects on the Exxon company, environment and the people who live and depend on the prosperity of the area. On March 24, 1989 the Exxon Valdez tanker loaded with oil entered Prince William Sound, Alaska. Joe Hazelwood

The BP CSR and Crisis History: Before to the Deepwater Horizon drilling rig explosion, BP encountered numerous disasters and scandals and have a track record of ignoring saftey. The first accident which happened in December 1965, where the BP oil rig Sea Gem while it was being moved and it cost the death of thirteen human lives. Next, on March 23, 2005, BP’s refinery exploded, caught fire in Texas City and 15 workers has died. Later BP was under the lawsuits from the victim’s families and charged

History has recoded the horrific disasters worldwide. Disasters in history have always been heartbreaking and gut wrenching. No matter the magnitude of the disaster someone is afflicted negatively. Some disasters include environmental, weather and wars. Each of these phenomenon’s has left families broken, nations ruined and history wrongly changed. Because environmental, weather- related disasters and war have claimed the lives of many people, these events have had the greatest impact in history

In 2010, there was a catastrophe of Oil Spill in Mexico and it bigly affected individuals ' lives and species in the ocean. A seaward British BP Oil rig broke and spilled around 30,000, 40,000, and 60,000 barrels a day for more than 2 months. This was a catastrophe for nature and for a huge number of individuals. The occurrence that happened on April, 2010 has put a major effect on individuals ' lives. The affliction of Oil Spill in Gulf of Mexico was in the middle of life and passing on the grounds

Janmar Coatings, Inc. In-Depth Case Analysis Prepared by: Elliot Thome In partial fulfillment of the requirements of Marketing Management and Policies Submitted February 26th, 2015 Case Synopsis In early January 2005, Ronald Burns, president of Janmar Coatings, Inc., and his senior management executives were faced with the issue of deciding where and how to deploy corporate marketing efforts among the various markets served by the company. To resolve this issue the company must: • Understand

The morning of March 19th 1849, the news of an oil spill in the coast of Alaska spread through the United States like a wild fire. The damage caused by this horrific accident has said to be unfixable. This resulted in the spill of 260,000 to 750,000 barrels of oil. The vessel was going a route that was outside of the normal lanes in order to avoid ice. In the six hours of grounding, the Exxon Valdez spilled 10.9 million gallons of its 53 million gallon cargo of Prudhoe Bay Crude, 8 out of the 11

There were many oil field accidents in Long Beach after oil was discovered on nearby Signal Hill in 1921, but the most tragic was the June 2, 1933, Richfield Oil Company disaster. An explosion at Twenty-Seventh Street and Lime Avenue killed nine, and injured thirty-five. It was a horrible catastrophe that began with a tremendous refinery blast that was felt in cities thirty miles away; even earthquake instruments in Pasadena registered the explosion. The fire that followed reached two homes, but