BP Case Study 052911 - Deepwater Horizon BP Oil Spill A...

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This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein (and in Item 1 of ExxonMobil’s latest report on Form 10-K). This material is not to be reproduced without the permission of Exxon Mobil Corporation. Deepwater Horizon BP Oil Spill: A Case Study Integrated Influencing Skills Program – May 2011
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2 Agenda Major events - timeline Risk Communications Goals BP Strategy What went wrong What went right ExxonMobil’s strategy and execution Lessons learned
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3 April 20, 2010: Deepwater Horizon explosion April 28: CNN interview with BP CEO, Tony Hayward where he blames Transocean for accident April 30: First oil reaches shore; oil slick stretches 4,000 sq. miles May 8: BP containment dome fails (first try) May 2: BP begins drilling first relief well May 27: U.S. government declares six- month deepwater drilling moratorium May 27: BP spill surpasses amount of oil from Exxon Valdez June 16: BP sets up U.S. $20 billion fund for oil spill victims June 1: June 12: BP installs new, improved cap on well Hayward goes on record saying, “I want my life back” June 26: Tony Hayward removed as CEO June 17: BP contains oil flow from leaking well Major
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