New BP Drilling Standards
July 15th marked the one year anniversary of capping the runaway oil well in the Gulf of Mexico. The spill which began on April 20, 2010 was the largest oil rig spill in history.
On the one year anniversary, BP announced that it would implement a new set of deepwater oil and gas drilling standards for it’s Gulf of Mexico operation, "demonstrating the company’s commitment to safe and reliable operations.”
BP’s new voluntary performance standards go beyond current regulatory obligations. "BP's commitment in the wake of the Deepwater Horizon incident is not only to restore the economic and environmental conditions among the affected areas of the Gulf Coast, but also to apply what we have learned to improve the way we operate," said BP group chief executive Bob Dudley. "We believe the commitments we have outlined today will promote greater levels of safety and preparedness in deepwater drilling."