BP
Deepwater Horizon Oil Spill
➢ Built by Hyundai
➢ Owned by Transocean
➢ Leased by BP
Event results:
1. began the drilling January 2010, Mocondo Prospect, Gulf of Mexion (near Illinois)
2. incident happened April 20th, 2010 – a flow of natural gas mixed with crude oil blasted
through a concrete core causing the explosion
3. Deepest drill in US history 35,000 ft
4. 11 people died
5. 17 were severely injured
6. 5 million barrels of oil released to the ocean
Complications occurred prior to the explosion
Caused giant environmental, economical and business disaster overall
BP lost in stock huge sum of money and ultimately reputation
