StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

BP Oil Spill - Coursework Example

Comments (0) Cite this document
Summary
Apart from the mobilization of a supply chain consisting of emergency goods of an unmarked value, the BP team in charge of supply chains had to depend on global chain suppliers following the 2010 deep-water horizon spill of oil catastrophe. The accident that happened at the Gulf…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.1% of users find it useful
BP Oil Spill
Read TextPreview

Extract of sample "BP Oil Spill"

BP OIL SPILL al Affiliation) BP OIL SPILL ANALYSIS Introduction Apart from the mobilization of a supply chain consisting of emergency goods of an unmarked value, the BP team in charge of supply chains had to depend on global chain suppliers following the 2010 deep-water horizon spill of oil catastrophe. The accident that happened at the Gulf of Mexico received response from many organizations aiming to contain the situation. The supply chain team played a key role. According to Waters (2011), the main challenge that the supply chain faced was to secure the nearby regions and the offshore response. Several actions were done by the team to prevent the natural ecosystem from being affected by the oil spill.6500 vessels had been used in the process to clean the sea making BP spend $14 billion on the disaster and response.
Global Supply Chains
The supply chain experienced a major challenge in that the goods later produced by the company could not meet the overwhelming demand that existed in the market. In addition, its requirements met an alteration of terms and agreements. Dispersants were among the goods whose production was low at 500 weekly gallons as opposed to the required 50000 gallons a day demand. The company also had a problem with some of its affiliate suppliers who claimed to be capable of providing certain commodities but inflated their prices (Waters, 2011). There had been no plan to handle such disaster hence the company suffered hugely in the global supply chain index.
Medium of transportation comparison
Sea transport for commodities like oil is a cheaper alternative than air, rail or road transport. Transport links between continents are limited. Road and rail are convenient ways to transport oil inland while sea shipping remains the cheaper and most efficient way to transport oil between offshore countries or continents (Waters, 2011). Air transport is expensive and risky. It also cannot accommodate and guarantee a large quantity supply.
References
Waters, D. (2011). Supply chain risk management: vulnerability and resilience in logistics. Kogan Page Publishers. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“BP Oil Spill Coursework Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/professional/1679211-bp-oil-spill
(BP Oil Spill Coursework Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/professional/1679211-bp-oil-spill.
“BP Oil Spill Coursework Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/professional/1679211-bp-oil-spill.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF BP Oil Spill

Any engineering ethical issue. i prefer Bp oil spill if possible

...?BP Oil Spill This was an oil spill which occurred in the Gulf of Mexico for a period of three months in the year The impact of the spill has continued to this day even though the well has been capped. The BP oil spill is regarded as the largest accidental oil spill in terms of marine life within the petroleum industry’s history. The oil’s spread was expanded was winds blowing across the south shore as well as an impending cold front (Kerr 2010). Oil washed the beaches of Gulf Islands National Seashore as well as Louisiana’s coastal areas entering into Alabama and Mississippi. By October 2010, it had reached the West Bay in Texas and started to have underwater oil plumes as well (Gillis 2010). The ethical efforts used to prevent offshore...
1 Pages(250 words)Essay

Contemporary American Politics: Compare the BP Oil Spill and Santa Barbara Oil Spill of 1969

...?Contemporary American Politics: Compare the BP Oil Spill and Santa Barbara Oil Spill of 1969 Two of the major oil spills that have occurred in the course of history included the BP Oil spill in 2010, also known as the Deepwater Oil Spill, and the Santa Barbara Oil Spill in 1969. This paper will be comparing the gravity of the two oil spills and the aftermath of these two spills. The Deepwater Horizon took place in the Gulf of Mexico and flowed continuously for three months in 2010 and according to some reports, it is still seeping a little. It is widely regarded as one of the largest accidental marine oil spills in the petroleum industry. This spill was basically initiated from a sea-floor oil gusher that was triggered from the 20th April...
8 Pages(2000 words)Essay

THE BP OIL SPILL IN MEXICAN GULF 2010

... to consistency (Hooghiemstra, 2000). Accounting theories lay great value in communication, and sets up assumptions, methodology and frameworks, to ensure timely, reliable, efficient and consistent information (Islam and Deegan, 2010). The crisis that BP found itself in was a great test to the company’s reputation, which has taken many years to build. The case The case study chosen, in this context is about BP oil spill in the Mexican Gulf in 2010. BP Ltd has operation sin over eighty companies. Statistics reveal that in 2012, it was the fifth largest company in terms of market share, and has over 87, 000 employees globally (BP, 2010). According to this report, on the morning of 20th April 2010, there was a huge explosion at the Macondo...
5 Pages(1250 words)Essay

The Gulf Coast BP Oil Spill

...The striking feature of the incident is the apparent lack of an adequate plan to contain the spreading environmental damage. The two companies involved, BP Exploration and Production, Inc., and Transocean Ltd., are attempting to contain the oil spilling from the well with techniques that have never been used before at these ocean depths." U.S. Rep. Henry Waxman (D-CA), chair of the Energy and Commerce committee In 2009 British Petroleum, a UK Plc energy production corporation announced the discovery of a major oil field in the Gulf of Mexico containing 3 billion barrels of oil. Bp immediately responded with a projection of increased production by 50%, to 600,000 barrels per day. In 2008, BP had already announced a plan to spend up to $2...
7 Pages(1750 words)Assignment

2010 BP oil spill

... and Section # of BP Oil Spill, One of the biggest environmental catastrophes of recent times, the deepwater horizon oil spill has been the centre of news and people’s minds for a long time. It has impacted all walks of life, has asked thought provoking questions in the mind of people. The BP Oil Spill can serve as a warning to all organizations who are negligent on safety measures on the smallest issues; showing even the smallest negligence can lead to such a big catastrophe. Identification of Event: BP Oil Spill History: Deepwater Horizon was the name of the 9 year old semi-submersible oil rig which was operating in the waters the Mississippi canyons. It was under lease of British Petroleum. At the time of the explosion, drilling...
5 Pages(1250 words)Research Paper

BP Oil Spill

...BP Oil Spill BP Oil Spill British Petroleum is a worldwide gas and oil company; it is the third largest energy company in the world. The track records of BP regarding corporate social responsibility have not been very clear. They have been involved in a number of chief environmental and safety issues and have faced a lot of criticism due to this issue. Oil spills in the water bodies along the gulf coast of Florida have become quiet frequent due to the oil rigs of BP that are located at the gulf coasts. Tourism industry has been badly affected due to these oil spills. And the city managers and commissioners are in great dilemma regarding this issue. The commissioners have shown their concern that if the oil washes up to the coast...
5 Pages(1250 words)Research Paper

Business Ethics: BP Oil Spill

...BP Oil Spill INTRODUCTION According to (Sawayda, n.d) BP was an acronym for British Petroleum and Anglo-Persian Oil Company. It isamong the leading energy producing companies in the world, but a numerous misfortunes have befallen it, and the company almost went bankrupt. Some of its predicaments include awkward business practices, its careless attitude to the environment, hazardous working conditions and the release of huge green house gas emission to the environment. It all happened on 20th day of April in the year 2010. “A well head on the deepwater horizon oil drilling platform blew, in the Gulf of Mexico about 40 miles southeast of the Louisiana coastline. What BP had originally claimed would be a spill with “minimal impact”. (Malik...
7 Pages(1750 words)Case Study

BP touts itself as green article, about the BP oil spill in 2010

...BP touts itself as “green” article, about the BP oil spill in The BP oil spill of the year is the largest marine accident in which large volumes of crude oil flowed into the ocean. The outflow that ran for more than three months had significant and adverse effects on marine life as well as health and economic consequences. This paper seeks to report on the events of the oil spill. Actions and decisions of BP, its contractors and their involved personnel, together with the responsible federal regulatory agency are the major events into the explosion and spill. According to BP’s findings that further, the facility ought to have had the ability to automatically seal the well after the explosion. Such a failure was the significant immediate...
2 Pages(500 words)Article

Bp oil spill

...The BP Oil Spill The BP Oil Spill One of the major environmental to occur over recent years is the Bp oil spill which is also known as the Deepwater Horizon oil spill or the Gulf of Mexico oil spill. This disaster occurred in the year 2010 and as one can tell from the last name, happened in the Gulf of Mexico. The oil spill is considered to be the largest marine calamity in history in relation to petroleum spillage and led to immense repercussions for Bp, the company that was running this particular oil rig. Apart from the environmental repercussions, the accident also resulted in the loss of 11 lives who were employees who were in close proximity when the rig exploded (Robertson & Krauss, 2010). As a result of the explosion, an oil gusher...
2 Pages(500 words)Essay

Government Conspiracies Involved in The BP Oil Spill

...Government Conspiracies Involved in The BP Oil Spill The government conspiracy involved in the BP oil spill begins with a plot of land. In OK panhandle lies a large tract of land that is known to be over a large oil resource that covers a vast area. This large area is owned by private entities and some companies. BP is one of the biggest companies in the world that deals with the petroleum business. It has covered the whole world and supplies petroleum products to virtually every major city in the world. Therefore the interest of BP to this area is undisputed. Since the early 1920s BP owned most of this oil rich piece of land. This is due to the fact the presence of oil on the piece of land was discovered long before and therefore BP...
6 Pages(1500 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic BP Oil Spill for FREE!

Contact Us