The paper "BP’ s Gulf of Mexico Oil Spill" is a perfect example of a business case study. The oil spill at the Gulf of Mexico occurs on 10 April 2010. It affected the government, stakeholders of BP and the public as a whole. The oil spill is the greatest in the whole of the United States of America. The country and BP needed to change in order to manage the oil spill. This paper evaluates and analyzes the various changes that BP has tried to make since the occurrence of the spill.
It also highlights other changes that BP needs in order to remain competitive. The paper finally concludes and gives the various strategies that BP can apply in order to regain its position in the market. Introduction Five states of the United States of America border the Gulf of Mexico. These are Alabama, Texas, Mississippi, Louisiana and Florida. In 2010, the gulf faced the worst oil spill disaster. The deep-sea horizon rig of British Petroleum (BP) exploded forcing crude oil into the waters. This reminded people of the Exxon Valdez spill that occurred in 1989.
The spill at the Gulf of Mexico saw about 4.9 million barrels of oil leak into the Atlantic ocean within three months. Eleven people died, and 16 others injured when the explosion occurred. Ninety-nine people survived the incident but sustained serious injuries. This leakage has had various implications on BP since then. The Gulf was also tremendously affected by the spill. since then, every department has sort to ensure that that gulf is restored to its position. Causes, Triggers and Drivers of the Oil Spill The creation of the deepwater horizon represented a change in the drilling of oil by BP.
However, this was not the same when the spillage in the Gulf of Mexico occurred. The causes and triggers of the oil spillage have been highlighted by different committees including BP itself. A report by BP stated that the oil spill was a fault of the employees of BP and Transocean (Alexander par 3). Transocean owned the deepwater horizon.
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