British Petroleum Deepwater Horizon

Desheng Dash Wu and David L. Olson
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Desheng Dash Wu: Stockholm University
David L. Olson: University of Nebraska

Chapter 12 in Enterprise Risk Management in Finance, 2015, pp 118-123 from Palgrave Macmillan

Abstract: Abstract The Macondo well, operated by BP, aided by driller Transocean Ltd. and receiving cement support from Halliburton Co., blew out on April 20, 2010, leading to 11 deaths. The subsequent 87-day flow of oil into the Gulf of Mexico dominated news in the US for an extensive period of time, polluting fisheries in the Gulf as well as the coastal areas of Louisiana, Mississippi, Alabama, Florida, and Texas. The cause was attributed to defective cement in the well.

Keywords: Deepwater Horizon; Enterprise Risk Management; Mineral Management Service; Mississippi Canyon; National Incident Management System (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1057/9781137466297_12

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