BP–too late to be responsible?


The company I want to investigate this week and potentially for paper 2 is BP.  Obviously the first thing that comes to mind when hearing BP is the deepwater oil spill that occurred in the Gulf of Mexico in 2010.  The beginning of the problem was the explosion at the Deepwater Horizon drilling rig which killed 11 men and injured 17.  The explosion resulted in the largest ever accidental oil spill in history.  The actual rig was not owned by BP but leased to them from a company named Transocean.  Reports on the safety record of the company vary.  Some reports claim that it had a strong safety record with no major incidents in 7 years.  However further investigation shows that they have had specific problems and were actually rated last compared to other deep-sea drillers for job quality.  This poses questions regarding the regulations or governmental oversight involved with off-shore drilling, as well as the varying responsibilities of BP and Transocean.  

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