Engineering Ethics Case Analysis and Action Proposal Oil Spills Students: Fatima Al Khouri 100020247 Hind Al Muhairi 1000020268 Instructor: Dr. Jorge Submission Date: Wednesday October 17th‚ 2012 ------------------------------------------------- Case Summary Peter has been working for with the Bigness Oil Company’s local affiliate and established a trusting relationship with Jesse‚ manager of the local facility. Jesse was pleased with
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The Standard Oil Company of California(Socal) is trying to determine how much to bid on the Gulf Oil Corporation. George Keller‚ the CEO of Socal‚ would need to borrow 14 billion dollars in order to make a substantial bid. While banks are willing to lend the money because of Socal’s low to debt ratio‚ the loan would put the company in a highly leveraged position. In order to alleviate that debt‚ some of Gulf’s assets could be sold. Keller has to consider the value of Gulf’s exploration and development
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Review of Healthcare Block Budget Subvention ============================================================================== Case: NUH at WestPoint Hospital As NUH was facing very bad bed crunch‚ the management decided to lease beds from private players to extend its inpatient facility. As the manager from Inpatient Operations‚ I was tasked to put up the funding request to Ministry of Health for the additional subvention to support NUH operate the offsite inpatient facility at WestPoint
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Executive Summary Given the facts in the information provided‚ we do not feel that an offer of more than $64.17 per share is justified. We recommend that management still submit this bid even though it will probably be rejected. Gulf Oil may be forced to accept a bid lower than $70 per share in the event financing falls through for competitors or other unforeseeable circumstances evolve‚ such as regulation by FTC. The numbers presented below are reliant upon estimates‚ which makes the findings
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Oil is one of the most important resources that empower the economy. It is mainly used for transportation‚ cooking‚ heating‚ and also electricity generation. Without oil‚ transportation‚ manufacturing‚ and production of food may not be possible. Oil came from fossils and dead organisms that submerged to the bottom of the ocean‚ or what we so called Oil Wells. It was collected by oil rigs by digging the bottom surface of the ocean. Deepwater Horizon oil spill is one of the biggest and controversial
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EFFECTS OF THE DEEPWATER HORIZON OIL SPILL ENEE 501 – POLLUTION PREVENTION AND CONTROL FOR THE ENERGY INDUSTRY HARJOT BHANDAL 10106493 TABLE OF CONTENTS ABTRACT 3 INTRODUCTION 3 BACKGROUND 3 ANALYSIS 5 CAUSE OF THE EXPLOSION 5 ENVORNMENTAL EFFECTS 6 ECONOMIC EFFECT 7 CONCLUSION 8 REFERENCES 9 ABSTRACT On the 20th of April 2010‚ a tragic event occurred just off the coast of the Gulf of Mexico. British Petroleum’s Deepwater Horizon oil rig exploded resulting in millions
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oil spill: Oil spills happen when people make mistakes or are careless and cause an oil tanker to leak oil into the ocean. There are a few more ways an oil spill can occur. Equipment breaking down may cause an oil spill. If the equipment breaks down‚ the tanker may get stuck on shallow land. When they start to drive the tanker again‚ they can put a hole in the tanker causing it to leak oil. When countries are at war‚ one country may decide to dump gallons of oil into the other country’s oceans
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their domestic consumptions of oil have led to increased prices of gasoline whereby alternative forms of energy production are sought. With this in mind‚ offshore drilling can be a viable option for satiating the need of oil and also to boost the economy of the nation. In this report‚ I am going to discuss how the current Deepwater Horizon rig explosion has led to disastrous oil spill into the Gulf of Mexico causing environmental problems and also discuss how the oil spill if resolved and with safe and
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the BP oil spill. The first sociology theory I will compare with is symbolic interactionism. Symbolic interactionism is the use of symbols or face to face interaction. The way that this relates to the BP oil spill is the way that the owner of the company‚ Kenneth R. Fineburg‚ said that he was going to help and compensate the victims of the oil spill. Commercials and speeches were made about his plans to pay back for the damage and loss of wages that his company had caused the Gulf of Mexico
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The Deepwater Horizon Oil Spill (aka BP Oil Spill) was one of the worst oil disasters in history. How much damage was done? How is BP making up for it? This is what we discovered: In the BP Oil Spill‚ more than 200 million gallons of crude oil was pumped into the Gulf of Mexico for a total of 87 days‚ making it the biggest oil spill in U.S. history. 16‚000 total miles of coastline have been affected‚ including the coasts of Texas‚ Louisiana‚ Mississippi‚ Alabama‚ and Florida. Even though the
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