By Loren C. Steffy
The definitive account of ways BP's win-at-all-costs tradition ended in this era's maximum commercial catastrophe
"A rigorously and powerfully written story." monetary instances
"When an writer makes use of a loaded be aware like 'reckless' in a book's identify, the weight of evidence is excessive. . . . Steffy meets the load by means of demonstrating that company behemoth BP (formerly British Petroleum) may have avoided the eleven deaths on April 20, 2010, aboard the Deepwater Horizon. . . . The deaths and the big oil spill following the sinking of Deepwater Horizon would certainly turn into a landmark of company ineptness and greed for the rest of human heritage, thank you partially to Steffy's striking account." San Antonio Express-News
"Steffy has produced a desirable, gripping, revealing account. . . . The e-book information occasions aboard the Deepwater Horizon in April of 2010 to begin, however it digs deeper into what's published as a tradition of cost-cutting boiling over inside BP. Steffy records years of incidents and bad administration judgements, detailing the increase of key characters like John Browne and Tony Hayward along riveting outlines of scary occasions in Texas urban and at different BP destinations. . . . The ebook reads like fiction every now and then, with the author's heavily-detailed money owed of explosions and conversations developing bright, approximately fantastical photographs. The tragic historical past of BP is all-too-real, notwithstanding, because the misplaced lives and environmental harm definitely attest to.. . . Steffy is a radical, common writer. His matters mostly lie with the demise and the overall tradition of cost-cutting of BP, portray an apt and terrifying photograph of rampant, regular, expensive neglect." Seattle put up Intelligencer
"Steffy presents useful perception and the most important company context in explaining how quite a bit oil ended up within the Gulf of Mexico." BusinessWeek
"[Steffy's] investigations demonstrate a company tradition of cost-cutting projects that positioned gains prior to employees' lives and the surroundings, with repeated defense violations and an abysmal twist of fate heritage. . . . Steffy information how, within the context of BP's checklist, the catastrophe was once simply a part of a trend of bad determination making within the relentless pursuit by means of BP to turn into the most important and so much ecocnomic oil corporation within the world." Booklist
About the booklet
As evening settled on April 20, 2010, a chain of explosions rocked Deepwater Horizon, the substantial semisubmersible drilling platform leased by means of British Petroleum, situated forty miles off the Louisiana coast. the resultant inferno claimed eleven lives, and it should rage uncontained for 2 days, until eventually its wreckage sank to a last resting position approximately a mile underneath the waves. at the ocean ground, the unit's wellhead erupted. Over the following ten weeks, as repeated makes an attempt to cap the geyser failed, an envisioned two hundred million gallons of oil—the identical of 20 Exxon Valdez spills—spewed into the Gulf of Mexico, ultimately lapping up on shores as distant as Florida.
Drowning in Oil , by means of award-winning Houston Chronicle enterprise reporter and columnist Loren Steffy—considered via many to be the author with the simplest entry to the story—is an unheard of and gripping narrative of this disaster and the way BP's winner-take-all company tradition made all of it yet inevitable.
Through never-before-published interviews with BP executives and staff, environmental specialists, and oil insiders, Steffy takes us backstage of a hundred years of BP company background. starting with the conglomerate's early gambits within the heart East to its contemporary ascent between power titans, Steff finds the roots of the Gulf oil spill within the unwritten cut price among oil manufacturers and shoppers, whose insatiable appetites force the hunt for brand new offers swifter, farther, and deeper.
Beyond this, the Deepwater Horizon catastrophe happened after a historical past of rate slicing in pursuit of gains, rather less than the information of its most up-to-date ex-CEOs, John Browne and Anthony Hayward.
Exhaustively researched and documented, Drowning in Oil is the 1st in-depth exam of ways a scarcity of company accountability and executive oversight ended in the largest offshore oil spill in U.S. heritage. it truly is an goal, no-punches-pulled account of the power undefined: its environmental influence and the serious festival between stakeholders in contemporary oil markets.
This booklet places every part jointly, providing a definitive account of BP's pursuit of oversized gains because the commercial international awakens to the bleak realities of top Oil.
" They fumbled round the darkened room and located an guide. by way of flashlight, they learn the beginning systems. They have been doing every little thing correct. After 5 - 6 futile attempts, they gave up and headed again towards the bridge. again at the bridge, alarms have been shrieking and the captain knew they have been operating out of time. The subsea engineer had hit the emergency disconnect for the good, and even supposing the keep an eye on panel confirmed the rig can be unfastened, it wasn't. The hydraulics have been lifeless. fireplace persisted to shoot from the head of the derrick. The rig had no energy, and with no energy, it had no pumps for the firefighting gear, no method to close off the circulate of fuel from the good, and no strategy to disconnect the rig from the flaming umbilical that had it tethered to the wellhead. " —from Drowning in Oil