Ethical Issues Of Offshore Drilling - 1008 Words

Ethical Issues of Offshore Drilling As we know today, and have known for many years, BP is not just a local gas station that we go to sometimes to fill up our tanks. BP is a HUGE Multi-Billion dollar company! Many people believe they get there oil mostly from the mid-east but they’re also a company (or industry) that does offshore drilling for oil that is refined into a much more stable state that doesn’t blow up cars as soon as ignition occurs. Off shore drilling by definition on BP’s main site is drilling oil â€Å"35,000 feet (10,660 meters) below sea level, under layers of hard rock, thick salt and tightly packed sands.† The deep-water horizon, where BP drills thousands of oil from is located in the Gulf Mexico, a couple years ago on April 20th, 2010 BP had the largest explosion that resulted in a oil spill disaster in the petroleum/gas industry in history. BP oil spill killed 11 people and destroyed sea life. Many people say the whole thing could hav e been avoid if safety precautions were up-to-date. The definition of ethical dilemma is a choice between two options, both of which will bring a negative result based on society and personal guidelines (yourdictionary.com) and BP showed to have a ton of them. We can break down safety (main category) into a few subcategories: mechanical failures, human judgments, engineering design, operational implementation and team interfaces. It’s fair to say, but not all companies do this, some inspections occur from range ofShow MoreRelatedOffshore Drilling1527 Words   |  7 Pages Offshore Drilling Does anything out weigh the importance of our planet’s health? You would be surprised by the number of people who look the other way when it comes to keeping the planet clean. Offshore drilling is just one of the major environmental issues that has existed for many years and still continues to be a problem. The topic of offshore drilling not only touches on environmental issues but also political, economic, and ethical issues. All of these tie into the huge debate over offshoreRead MoreOffshore Oil Drilling and the Deepwater Horizon Spill of the Gulf of Mexico1591 Words   |  7 Pagesfossil fuel, oil drilling is used. Land-based oil drilling became less productive and as the global stipulation for energy increased, technology, law, and geology impacts stepped in and pushed the exploration of oil away from shores (CITE). With its historical background, offshore oil drilling is one of the most important aspects of today’s economy although we are faced with its risks an d consequences, such as the BP Deepwater Horizon explosion of the Gulf of Mexico. Offshore oil drilling is known asRead MoreEssay on Offshore Drilling3083 Words   |  13 PagesOffshore Drilling What is it? Drilling for oil in the ocean is one of the greatest technological breakthroughs in recent decades, and many new techniques have been developed to profit from the abundance of oil underneath the ocean floor. While drilling for oil has been around for hundreds of years in one form or the another, the effective extraction of petroleum from beneath the sea floor did not surface until the last forty years. The search for oil often turns out to be unproductive, butRead MoreBP Oil Spill and The Deep Water Horizon Accident1218 Words   |  5 PagesDeep Water Horizon was a nine year old semisubmersible drilling rig that was designed to operate in waters ten thousand feet deep. This particular rig was built by the South Korean company Hyundai and owned by Transocean, on the world’s largest offshore drilling contractors. BP would charter the Deep Water Horizon from March 2008 to September 2013 for deep exploratory drilling. BP would drilling off of the Gulf of Mexico eighteen thousand three hundred and sixty feet below sea level, in five thousandRead MoreShould The United States Suspend Arctic Offshore Drilling?1657 Words   |  7 Pagescontroversies within it. In the pro/con section of her article, Weeks asks the question, â€Å"Should the United States suspend Arctic offshore drilling?† Senator Mark Begich argues that the resources in the Arctic are too great of an opportunity to miss out on. Although Arctic drilling is a controversial topic, many people believe it should continue because of the financial and ethical circumstances; however, evidence to support this is lacking, which leads to the other side of the debate to be in the rightRead MoreCorporate Social Responsibility : Bp Leased A Rig From Transocean1016 Words   |  5 PagesCorporate Social Responsibility In order to access the crude oil there, BP leased a rig from Transocean, the world’s biggest offshore drilling company. With more than 26,000 employees and a fleet of 136 vessels, Transocean operates in some 30 countries. BP also hired Halliburton, the second largest oilfield services company, to cement and seal off the well once drilling was complete. Halliburton employs more than 50,000 people and provides services in 70 countries. Considering overall strategicRead MoreStrategic And Value Of Operations Management1599 Words   |  7 Pagesâ€Å"Macondo blowout† (Ocean Portal, 2012). The Bloomberg National Poll described the BP oil spill as a â€Å"freak accident†, urging the U.S. government not to shut down deep water drilling for those oil companies who adheres to proper safety guidelines and procedures (Brown et al., 2013). Those who are in opposition to deep water drilling criticized BP for improper procedures regarding safe operations and risk management (Brown et al., 2013). British Petroleum lost billions of dollars due to crude oil spillingRead MoreEthical Issues Surrounding the Bp Oil Spill1236 Words   |  5 PagesEthical Issues surrounding the BP Oil Spill By: Angela Higgins December 16, 2010 The BP Oil Spill which happened on April 20, 2010, was the largest offshore oil spill in U.S. history releasing approximately 185 million gallons of crude oil into the gulf. This event was the result of a wellhead on the Deepwater Horizon oil drilling platform blowing out in the Gulf of Mexico approximately 40 miles southeast offs the Louisiana coastline. Eleven men working on the oil rig platform were killedRead MoreBp Oil Spill : Business Law1601 Words   |  7 Pageseducation, economic development, practical approaches to environmental issues, and humanitarian relief†, has donated more than $210 million dollars. Since 2006, the BP Foundation has also donated $20 million to humanitarian relief. ( BP PLC (BP) Company Profile | Reuters.com. (n.d.). Retrieved October 27, 2015.) BP is the largest lease holder in the Gulf of Mexico and has been for the last 10 years, with roughly 600 leases. Drilling in the Gulf for BP has proven to be extremely profitable along withRead M oreThe Legal Issues and Ethical Effects of the Deepwater Horizon Explosion and British Petroleum Oil Spill in the Gulf of Mexico 20101542 Words   |  7 PagesHead: BP GULF OIL SPILL The Legal Issues and Ethical Effects of the Deepwater Horizon Explosion and British Petroleum Oil Spill in the Gulf of Mexico 2010 Terry D. Bollman Park University BP Gulf Oil Spill 2 British Petroleum’s Roll in the Gulf Oil Spill This paper will explain some of the effects of three legal issues and three ethical issues surrounding the London-based British Petroleum Company’s involvement in the explosion of the offshore oil rig Deepwater Horizon and the subsequent