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.

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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.