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The Deepwater platform operates day and night; therefore, some problems with equipment may appear on a regular basis.
This fact means that as a result of the explosion, over 53,000 barrels of oil were spilled each day of the accident (from July 10 till July 15) before the workers could cap the well.
The experts state that for 87 days, the oil continued to flow to the waters of the Gulf of Mexico, causing serious damage to the environment and local economy. government declared that the BP oil spill in the Gulf of Mexico can be regarded as a national disaster.
To manage the crisis, a special plan should be developed and tested.
Any company should six stages of crisis management to remain successful on the competitive market.
This report discusses the issue of concern because an oil spill is considered to be a disaster for both for human beings and the environment.
The BP oil spill in the Gulf of Mexico is no exception.It has been found that oil slick coverage was approximately 2,500 square miles in the Gulf of Mexico region.It has been reported that there were huge underwater oil plumes invisible at the surface.A large number of factors, including Petroleum toxicity, Corexit dispersant usage and oxygen depletion can be viewed as the major causes of the disaster which led to the negative impact on ecological system (Smithsona & Venette, 2013).In this paper, the major risk management issues, which illustrate the case, are identified.Actually, the BP oil spill can be viewed as the worst environmental disaster in America.The BP oil spill occurred near Mississippi River Delta, as a result of a deep-sea floor oil gusher, which was made by the massive explosion of the Deepwater Horizon platform, one of the most efficient and effective semi-submersible drilling rigs in the Gulf of Mexico.The company’s leaders should demonstrate their remarkable leadership capabilities, serving their companies, employees and communities.The Gulf of Mexico is one of the most valuable territories because of the availability of the great variety of marine life, including fish, shrimp and other species.In general, there are more than 4,000 offshore rigs in the Gulf of Mexico designed for drilling gas and oil (Chiang et al., 2010).According to researchers, “many people who live in the five U. states that border the Gulf of Mexico (Texas, Louisiana, Mississippi, Alabama and Florida) depend on the Gulf for jobs and survival”(Chiang et al., 2010, p. One more important function of the Gulf of Mexico is the growing fishing industry that provides over 1.3 pounds of fish and shellfish each year.