Tuesday, December 24, 2019

Bp Deepwater Horizon Case Analysis Essay - 1392 Words

Rafique Sheikh. MGMT 518: Legal Ethical Env. of Business BP’s ethical conduct concerning the Deep Horizon blowout Background: The Deepwater Horizon oil spill or the BP oil spill refers to the oil spill in the Gulf of Mexico which flowed for three months in 2010. The spill was a result of the explosion of Deepwater Horizon, which drilled on the BP-operated Macondo Prospect. The explosion killed 11 men working on the platform and injured 17 others (Summarized from Wikipedia article on: â€Å"Deepwater Horizon oil spill† http://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill ) In the following text we will analyze the Deep Water Horizon Oil Spill from some of the well-known ethical perspectives. From the Perspective of the†¦show more content†¦When we look at the effect of the deepwater oil spill on other stakeholders, we see that they were impacted more negatively. There were 11 people killed and 17 were injured. Although the number of people in this group is small, losses of life and health weigh heavily on the scale as we assess the consequences of BP’s decision to forego the back-up switch. Many have described the post-spill Gulf as a gigantic chemical experiment, with as yet unknown effect on its delicate ecosystem. By July 2010, one third of the Gulf’s fishing area—more than 80,000 square miles—had been closed, affecting the livelihood of thousands in coastal Louisiana and Mississippi. Applying the theory of Utilitarianism to the Deep Water Horizon Oil Spill we see that BP’s decisions in this case don’t appear clearly ethical. The harms to human and environmental stability caused by the spill seem to weigh heavily against the benefits to the local and U.S. economy of deepwater drilling itself. From the Deontology Perspective: The Deontological ethics is marked by steadfastness to universal principles—for example, respect for life, fairness, telling the truth, keeping promises—no matter what the consequences (Halbert, Law Ethics in the Business Environment. pg. 17). In Deontological terms, the fact that BP withheld accurate and important information, combined with its superior access to it, violated the categorical imperative.Show MoreRelatedBP ´s Deepwater Horizon Oil Spill of 2010 Essay1401 Words   |  6 Pageshistory, BP’s Deepwater Horizon explosion in 2010. This paper seeks to investigate closely the system and the reasons of failure, to answer the questions behind numerous studies on this accident, Is Deepwater Horizon explosion inevitable? and What can we do to avoid such accidents? 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The company uses a structure that emphasizes the different functions exploration, extraction, refining and retailing. The strategic planning process at the highest level of the company seeks to develop

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