Bp Oil Spill Analysis

In: Business and Management

Submitted By mattlippy
Words 3037
Pages 13
SOLVING BP’S PROBLEMS
REGARDING THE GULF OF
MEXICO OIL SPILL

Presented to

Board of Directors
Oil and Energy Company, BP

Prepared by

John Molson School of Business Representative
Bachelor of Commerce, Accounting Major

March 23, 2011

MEMORANDUM

DATE: March 23, 2011
TO: Board of Directors, Oil and Energy Company, BP
FROM:, , Bachelor of Commerce, Accounting Major
SUBJECT: SOLVING BP’S PROBLEMS REGARDING THE GULF OF MEXICO OIL SPILL Here is the report regarding the oil spill catastrophe that resulted from the explosion of Deepwater Horizon, which took place on April 20th 2010. The damages caused by this mishap are assessed and analyzed in this report. This report also includes recommendations made by experts in the specified fields relating to solving the issues brought fourth by this aforementioned spill. Despite the horrific consequences that have affected the global environment, BP’s reputation and BP’s financial assets due to this oil spill, certain efforts must be made on PB’s part in order to maintain a healthy environment for all living organisms on this planet. The information gathered in this report explores the methods at which BP could engage in this restoration process. Different methods that can be used to clean up the oil spill will be investigated in order to derive the best possible solution for BP. I am grateful towards BP’s board of directors for accepting responsibility of this oil spill by admitting that BP as an organization was at fault. It is important however, that additional actions are implemented as soon as possible in order to restore the world’s environment back to it’s natural state and to fight other consequences that have resulted from the spill. I look forward to working with you in order to accomplish this goal. If I may…...

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