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The National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling was established on 22 May to "consider the root causes of the disaster and offer options on safety and environmental precautions." [309] The investigation by United States Attorney General Eric Holder was announced on 1 June 2010. [310]
This article covers the effect of the Deepwater Horizon disaster and the resulting oil spill on global and national economies and the energy industry.. Weeks after the event, and while it was still in progress, the 2010 Deepwater Horizon oil spill was being discussed as a disaster with far reaching consequences sufficient to impact global economies, marketplaces and policies.
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig [7] owned by Transocean and operated by the BP company. On April 20, 2010, while drilling in the Gulf of Mexico at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. [8]
The oil slick as seen from space by NASA's Terra satellite on 24 May 2010. The 2010 Deepwater Horizon oil spill in the Gulf of Mexico has been described as the worst environmental disaster in the United States, releasing about 4.9 million barrels (210 million US gal; 780,000 m 3) of crude oil making it the largest marine oil spill.
Once praised, settlement to help sickened BP oil spill workers leaves most with nearly nothing. When a deadly explosion destroyed BP’s Deepwater Horizon drilling rig in the Gulf of Mexico, 134 ...
Deepwater Horizon was a floating semi-submersible drilling unit —a fifth-generation, ultra-deepwater, dynamically positioned, column-stabilized drilling rig owned by Transocean and built in South Korea. The platform was 396 feet (121 m) long and 256 feet (78 m) wide and could operate in waters up to 8,000 feet (2,400 m) deep, to a maximum ...
The Deepwater Horizon explosion and oil spill resulted in an onslaught of litigation. Litigation commenced almost immediately after the explosion and oil spill. By May 27, 2010, Transocean, which owned the Deepwater Horizon, said in testimony before the U.S. House Judiciary Committee that it was defendant in 120 lawsuits, of which more than 80 were class actions seeking payment for financial ...
e. The Health consequences of the Deepwater Horizon oil spill are health effects related to the explosion of the Deepwater Horizon offshore drilling rig in the Gulf of Mexico on April 20, 2010. An oil discharge continued for 84 days, resulting in the largest oil spill in the history of the petroleum industry, estimated at approximately 206 ...