BP and the Gulf of Mexico Oil Spill Michael A Roberto 2011
Financial Analysis
BP Plc is one of the world’s largest oil and gas exploration and production (E&P) companies, with interests in the offshore oil fields of the Gulf of Mexico. BP’s history and business activities are closely linked to the Gulf’s oil reserves. In April 2010, an explosion and spill occurred during the deep-sea drilling operation of the Deepwater Horizon rig (Roberts et al., 2011). The spill affected the Gulf of
BCG Matrix Analysis
“In February 2010, BP’s Deepwater Horizon platform drilling rig exploded, spilling an estimated 170,000 barrels of crude oil into the Gulf of Mexico. click over here BP and the U.S. Government faced mounting legal, environmental, and financial challenges, as well as international backlash. By April 2010, BP had lost $5.2 billion and faced potential fines of more than $12.7 billion, and the oil spill has cost B
Recommendations for the Case Study
BP and the Gulf of Mexico Oil Spill My Top Recommendations 1. BP’s Oil Spill Response Plan: BP’s oil spill response plan was substandard, failing miserably to address the unique environmental and economic conditions of the Gulf. The plan focused too much on clean-up operations instead of addressing the underlying cause of the spill, the blowout in the Deepwater Horizon drilling rig. This resulted in the release of over 200 million barrels of oil into the G
Porters Five Forces Analysis
BP and the Gulf of Mexico Oil Spill BP has been at the forefront of the oil spill caused by the Deepwater Horizon disaster in the Gulf of Mexico. The oil company has responded to the situation with great efficiency and has been a critical partner of the response team. BP, however, has also faced considerable pressure to minimize its liability for the disaster. This essay presents a Porter’s Five Forces Analysis of BP and how its actions have impacted its competitive strategy. Strengths
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– Michael A Roberto has a first-hand experience as he was hired by BP as a Petroleum Engineer in 2010, to investigate the oil spill in the Gulf of Mexico. – Roberto’s job was to identify the primary contributors and to develop an analysis that could help the management take appropriate steps to contain and clean up the affected area. this page – Roberto’s research was also conducted with other Petroleum Engineers, Drilling Specialists, Environmental Engineers, and Scientists. – The purpose of Roberto
Alternatives
As I have been covering this tragic event for months, I have come to a conclusion. In a nutshell, I feel that BP should not have been given the license to drill on this spill-prone area. Let me explain why. In 2006, BP received the licensing to drill on this spot. They did not anticipate the sheer magnitude of the spill at all, which happened three years later. I will not discuss the methods BP used. For instance, the Deepwater Horizon platform
PESTEL Analysis
The BP and the Gulf of Mexico Oil Spill The BP and the Gulf of Mexico Oil Spill is perhaps one of the worst environmental disasters in recent years. BP and its executives have been facing numerous charges for its negligence in operating its own oil rig in the Gulf of Mexico. As a consequence of the oil spill, a vast oil slick covers over one-third of the Gulf, which spreads more than 20,000 square kilometers and contaminates sea life and food chain