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Article Source: BBC News - Japan hit by massive earthquakeContractors who worked for BP on the ill-fated Deepwater Horizon oil rig have criticised the company's report into the Gulf of Mexico oil spill.
Drilling firm Transocean branded the report "self serving" while cement contractor Halliburton said it contained "omissions and inaccuracies".
Transocean dismissed BP's report, accusing the oil giant of having designed a "fatally flawed" well and making "cost-saving decisions that increased risk - in some cases, severely".
"This is a self-serving report that attempts to conceal the critical factor that set the stage for the Macondo (well) incident: BP's fatally flawed well design," the Swiss-based group said in a statement.
#1 - Thu Sep 9, 2010 5:05 AM EDTHalliburton also hit back at the 193-page report.
"As we continue to review BP's internal report published earlier today, we have noticed a number of substantial omissions and inaccuracies in the document," it said.
"Halliburton remains confident that all the work it performed with respect to the Macondo well was completed in accordance with BP's specifications for its well construction plan and instructions, and that it is fully indemnified under its contract for any of the allegations contained in the report."
#2 - Thu Sep 9, 2010 5:08 AM EDTTransocean, BP and Halliburton ...?
I don't think much accurate information is going to survive that Truth-shredding machine.
At the end of the day, they are all acknowledged, long-time corporoate criminals who, in my opinion, should be treated as a single perpetrator and each punished to the degree that any of them would be punished were they singly convicted of the entirety of these crimes.
#3 - Thu Sep 9, 2010 6:43 AM EDTUPswing
Very true. But prosecution will be difficult without insiders' help and docs. The moment the top leaders are removed, more whistle blowers will come forth.
Just wondering, in a major financial blunder the CEO will be the first to step down. Why allow Tony Hayward and all top guys to hang on for more than 5 months? - enough time to shred all incriminating evidence.
Here is a real surprise, rats fighting to leave a sinking ship. Who could have foresaw this event? Aren’t these the same players that employ politicians, and degreed scientific chills too either disprove the advent of global warming and/or obfuscate the fact that the exploitation of hydrocarbon fossil fuels has some sort of bearing on the subject.
I’m totally shocked that anyone would possibly make a money motive connection like that. This issue is not about protecting and promoting the repetitiveness of creating untold wealth for a select few, it’s a joust about protecting the natural resources of the many.
Yeah right, then what is the purpose of issues like; 'Bad' cement, shoe track barrier, incorrectly suggest pressure is at a safe level , The crew do not recognise there is a major problem, routing oil and gas to the mud gas separator, leaks into the rig's ventilation system, BOP designed to work automatically fails, etc. etc…
#4 - Thu Sep 9, 2010 4:47 PM EDTCorrect me if I’m wrong BK, but I get the distinct impression that your condemnation of oil exploration, BP in particular, is concerned with the greed with which directs their engineering and operational techniques resulting in a foreseeable ecological disaster.
Then not so much with the greed directed ecological and social disasters created by the over exploitation and over consumption of hydrocarbon fossil fuels as the primary source of America’s progression.
Therefore its socially unhealthy and ecological suicide for greed to be allowed to direct oil explorations daily operations, but its ok to allow greed to direct an industry wide impetus.
As I've previously stated I respect the diligence and temerity you bring to the table, but wonder if its limited by scope?
#5 - Fri Sep 10, 2010 7:27 AM EDTTherefore its socially unhealthy and ecological suicide for greed to be allowed to direct oil explorations daily operations, but its ok to allow greed to direct an industry wide impetus.
No Ray Burchard, I do not.
I am not a social scientist and like I always said I spent 30 years of my life in social imprisonment in the close confine of office space, jungle and vessel. Greed, Arrogance and Aggressive business interests drove BP to the disaster. Why Arrogance? Because they believe money can settle everything (on the table and under the table, if not in reality). My analysis is only at the company's exploration level. But it bear some relevance to the bigger corporate, industry and world's levels. I have not gone beyond in making the connections.
Personally I too believe greed and unscrupulous business practice will eventually drive our world to the end.
My personal message is for all professionals in whatever fields they are in, no matter how small their industry is, to rise and make the difference; rather than the greed takes control.
The geohazards segment of the offshore industry is really really very small and most people I have met have not even heard of it. On my first month at work in Western Geophysical at Aramco HQ in Saudi Arabia, many veterans of the oil industry were surprised I had wasted the first 3 years of my career looking for hazards, a tiny section of the industry most never thought existed. They were even more surprised I went back to the geohazards segment after my short stint at exploration work. Roderick Caddick of Canada if you are out there somewhere reading this, please contact me on the email. I would like to thank you for making a difference in my life.
It is this "perceived insignificance" that led many to exploit it for huge profits. 500% to 1000% profit margin is not unthinkable and yet the annual tax is less than 6%. How is it possible?
BK, … Thank you for that clarification, I was hoping I was wrong. It would be a loss, as the cause to ameliorate America’s profit morality needs actual experienced intellectual input as apposed academia’s shill theoretical assessments. America has to stop following the pathway to deferring if not avoiding personal responsibilities and start realizing that there are always consequences to one’s actions no matter how obscure.
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