Small Mistakes That Cost Millions To Fix
Disaster strikes at Deep Water Horizon – $71 billion
The worst oil spill in history happened in U.S. waters in April 2010 courtesy of the Transocean and British Petroleum’s Deepwater Horizon oil rig. A blowout caused an explosion on the semi-submersible rig, immediately killing 11 men followed by the Horizon sinking two days later.
It was a combination of flawed designs and dangerous operating procedures as a result of cost cutting that caused the incident. 4.9 million barrels of oil had to be cleared up in the leak.