Free eBook Drowning in Oil: BP & the Reckless Pursuit of Profit – Selindameditasyon.com

Drowning in Oil: BP & the Reckless Pursuit of Profit The definitive account of how BP s win at all costs culture led to this era s greatest industrial catastrophe A carefully and powerfully written story Financial Times When an author uses a loaded word like reckless in a book s title, the burden of proof is high Steffy meets the burden by demonstrating that corporate behemoth BP formerly British Petroleum could have prevented thedeaths on April aboard the Deepwater Horizon The deaths and the gigantic oil spill following the sinking of Deepwater Horizon will surely become a landmark of corporate ineptness and greed for the remainder of human history, thanks in part to Steffy s remarkable account San Antonio Express News Steffy has produced a fascinating, gripping, revealing account The book details events aboard the Deepwater Horizon in April ofto start, but it digs deeper into what is revealed as a culture of cost cutting boiling over within BP Steffy documents years of incidents and poor management decisions, detailing the rise of key characters like John Browne and Tony Hayward alongside riveting outlines of horrifying events in Texas City and at other BP locations The book reads like fiction at times, with the author s heavily detailed accounts of explosions and conversations creating vivid, nearly fantastical images The tragic history of BP is all too real, though, as the lost lives and environmental damage certainly attest to Steffy is a thorough, straightforward author His concerns largely lie with the loss of life and the general culture of cost cutting of BP, painting an apt and terrifying picture of rampant, steady, costly neglect Seattle Post Intelligencer Steffy provides valuable insight and crucial corporate context in explaining how so much oil ended up in the Gulf of Mexico BusinessWeek Steffy s investigations reveal a corporate culture of cost cutting initiatives that put profits ahead of workers lives and the environment, with repeated safety violations and an abysmal accident history Steffy details how, in the context of BP s record, the disaster was just part of a pattern of poor decision making in the relentless pursuit by BP to become the largest and most profitable oil company in the world Booklist About the BookAs night settled on April a series of explosions rocked Deepwater Horizon, the immense semisubmersible drilling platform leased by British Petroleum, locatedmiles off the Louisiana coast The ensuing inferno claimedlives, and it would rage uncontained for two days, until its wreckage sank to a final resting place nearly a mile beneath the waves On the ocean floor, the unit s wellhead erupted Over the next ten weeks, as repeated attempts to cap the geyser failed, an estimatedmillion gallons of oil the equivalent ofExxon Valdez spills spewed into the Gulf of Mexico, eventually lapping up on beaches as far away as Florida Drowning in Oil, by award winning Houston Chronicle business reporter and columnist Loren Steffy considered by many to be the writer with the best access to the story is an unprecedented and gripping narrative of this catastrophe and how BP s winner take all business culture made it all but inevitableThrough never before published interviews with BP executives and employees, environmental experts, and oil industry insiders, Steffy takes us behind the scenes ofyears of BP corporate history Beginning with the conglomerate s early gambits in the Middle East to its recent ascent among energy titans, Steff unearths the roots of the Gulf oil spill in the unwritten bargain between oil producers and consumers, whose insatiable appetites drive the search for new supplies faster, farther, and deeperBeyond this, the Deepwater Horizon disaster took place after a history of cost cutting in pursuit of profits, particularly under the guidance of its two most recent ex CEOs, John Browne and Anthony HaywardExhaustively researched and documented, Drowning in Oil is the first in depth examination of how a lack of corporate responsibility and government oversight led to the biggest offshore oil spill in US history It is an objective, no punches pulled account of the energy industry its environmental impact and the intense competition among stakeholders in today s oil marketsThis book puts all the pieces together, offering a definitive account of BP s pursuit of outsized profits as the industrial world awakens to the grim realities of Peak Oil They fumbled around the darkened room and found an instruction manual By flashlight, they read the starting procedures They were doing everything right After five or six futile tries, they gave up and headed back toward the bridge Back on the bridge, alarms were shrieking and the captain knew they were running out of time The subsea engineer had hit the emergency disconnect for the well, and although the control panel showed the rig should be free, it wasn t The hydraulics were dead Fire continued to shoot from the top of the derrick The rig had no power, and without power, it had no pumps for the firefighting equipment, no way to shut off the flow of gas from the well, and no way to disconnect the rig from the flaming umbilical that had it tethered to the wellhead from Drowning in Oil I thought this was a very good read and a good overview of the culture of BP Having spent 34 years on the global oil services industry I found a few technical errors in the reading that lowered my confidence in the rest of the book For example, the author completely mutilated page 159, all beginning with the statement that oil was heavier than water Unfortunately that is a critical mistake when discussing the technical nature of the blowout The author also mutilated topics on casing and perf I thought this was a very good read and a good overview of the culture of BP Having spent 34 years on the global oil services industry I found a few technical errors in the reading that lowered my confidence in the rest of the book For example, the author completely mutilated page 159, all beginning with the statement that oil was heavier than water Unfortunately that is a critical mistake when discussing the technical nature of the blowout The author also mutilated topics on casing and perforating Still a good read and I am assuming he wasaccurate on the non technical side of the book One and a half thumb up Americans blaming foreigners for all their misfortunes sad, but typical This book recounts the failures of BP in the years leading up to the Deepwater Horizon catastrophe The author, an apparent Houston Energy Oil expert Loren Steffy, claims that their focus on cost cutting, hazy management structure and improper safety procedures were the main reason for the high number of fatalities in BP facilities in from 2004 to 2010 Personally, I dont buy this kind of American tunnel vision writing E Americans blaming foreigners for all their misfortunes sad, but typical This book recounts the failures of BP in the years leading up to the Deepwater Horizon catastrophe The author, an apparent Houston Energy Oil expert Loren Steffy, claims that their focus on cost cutting, hazy management structure and improper safety procedures were the main reason for the high number of fatalities in BP facilities in from 2004 to 2010 Personally, I dont buy this kind of American tunnel vision writing Everything in the book points to BP being the bad guy, while in many cases BP was not alone, nor the main culprit No oil company in the Gulf of Mexico encountered proper governmental oversight up to 2010, and every single company worked by their own rules Transocean was just as guilty of the DH catastrophe as BP, maybe evenas it was their BOP that was modified, not maintained and in the end failed to operate Accidents at the Texas City refinery were all blamed on BP, while BP inherited a decrepit refinery from Aramco LS simply puts all the blame on BP, while a large part of the blame should also fall on Aramco Overall, I do see the large number of accidents that occurred in BP facilities, pipelines and rigs, but without proper comparison data from competitors, I dont believe BP is structurally different for example couldnt LS look at the dismal Shell safety records in Nigeria LS hails the American way of working no Americans were to blame, they were only victim , the bad guys were from Britain, from abroad This American shortsightedness is very familiar and doesnt irritate it however degrades the credibility of the book to that of a typical oil executive. While this book looked at BP S many failings I feel it left Transocean the drilling contractor off the hook As somebody who works on a drilling rig I have some very serious questions about the failure of numerous safety systems on transoceans rig The author has chose to focus almost soley on BP and gloss over the failings of other parties Transocean has a similar goal budget driven operational practise as BP While the fact that the well kicked back may well be BP s cut cost design s fault t While this book looked at BP S many failings I feel it left Transocean the drilling contractor off the hook As somebody who works on a drilling rig I have some very serious questions about the failure of numerous safety systems on transoceans rig The author has chose to focus almost soley on BP and gloss over the failings of other parties Transocean has a similar goal budget driven operational practise as BP While the fact that the well kicked back may well be BP s cut cost design s fault the fact they lost control of the well and had a blow out is down to Transoceans equipment failure and personnel operating it.The author is scathing of the Baker report into the texas refinery fire for being to narrow focused and not looking at the wider picture I would say he is guilty of similar with this book Drowning in Oil was incredibly interesting and well written I found it very informative without ever being dry Steffy s knowledge and background in the industry made him the perfect person to write this book His experience as a journalist paid off with absolutely stellar descriptions I ve never read a non fiction that made you feel as if you were in the middle of the action the way this one did.I also felt like the writing remained non judgmental, in spite of being clear about who was to bla Drowning in Oil was incredibly interesting and well written I found it very informative without ever being dry Steffy s knowledge and background in the industry made him the perfect person to write this book His experience as a journalist paid off with absolutely stellar descriptions I ve never read a non fiction that made you feel as if you were in the middle of the action the way this one did.I also felt like the writing remained non judgmental, in spite of being clear about who was to blame for the many accidents BP has suffered over the years An impressive feat.I picked this up because I wanted to hearabout the Deepwater Horizon fiasco, but I ended up learning quite a bit about the oil industry, the government agencies that control it, and especially about BP Steffy made corporate history riveting

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