Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore oil drilling rig owned by Transocean. Built in 2001 in South Korea
by Hyundai Heavy Industries, the rig was commissioned by R&B Falcon, which later became part of Transocean, registered in Majuro, Marshall Islands, and leased to BP
from 2001 until September 2013.
In September 2009, the rig drilled the deepest oil well in history at a vertical depth of 35,050 ft (10,683 m) and measured depth of 35,055 ft (10,685 m) in the Tiber Oil Field at Keathley Canyon block 102, approximately 250 miles (400 km) southeast of Houston, in 4,132 feet (1,259 m) of water.
On 20 April
2010, while drilling at the Macondo Prospect, an explosion on the rig caused by a blowout killed 11 crewmen and ignited a fireball visible from 35 miles (56 km) away. The resulting fire could not be extinguished and, on 22 April 2010, Deepwater Horizon sank, leaving the well gushing at the seabed and causing the largest offshore oil spill in U.S. history.
[link to en.wikipedia.org
Deepwater Horizon worked on wells in the Atlantis
(BP 56%, BHP Billiton 44%) and Thunder Horse (BP 75%, ExxonMobil 25%) oil fields. It was described at times as a "lucky" and "celebrated" rig, and in 2007 was still described as "one of the most powerful rigs in the world".
BP p.l.c. (LSE: BP, NYSE: BP) is a British multinational oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by 2011 revenues and is one of the six oil and gas "supermajors". It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities in biofuels and wind power.
It had a market capitalisation of £81.4 billion as of 6 July 2012, the fourth-largest of any company listed on the London Stock Exchange. It has a secondary listing on the New York Stock Exchange.
BP's origins date back to the founding of the Anglo-Persian Oil Company in 1909, established as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian Oil Company and in 1954 British Petroleum.
In 1959, the company expanded beyond the Middle East to Alaska and in 1965 it was the first company to strike oil in the North Sea. British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with Amoco in 1998 and acquired ARCO and Burmah Castrol in 2000.
[link to en.wikipedia.org
Most relevant sources agree that 40% of the shares of BP are held in the United Kingdom, 39% of the shares are held in the United States, while the remaining 21% are held throughout Europe and the rest of the world. The largest single holder of shares is getting harder to track down. Generally an Internet search will lead to the other 9 leaders, roughly 23%:
BlackRock (New York) 5.9%
Legal & General (United Kingdom) 4%
Barclays Global Investor (owned by BlackRock) 3.8%
Norges Bank Investment Management (Norway) 1.8%
Kuwait Investment Authority (manages funds for the Kuwaiti Government) 1.75%
M & G Investment Management (UK asset owned by the Prudential) 1.67%
Standard Life (Scottish insurance company) 1.5%
Capital Research & Management Company (Los Angeles) 1.3%China’s State Administration of Foreign Exchange
Too many sites fail to mention who owns a whopping 28.34% of BP—more than the other 9 out of the top 10 together. That would be Wall Street’s JPMorgan Chase. And that certainly explains why our own government has offered mostly limp and phony bluster and coverup as BP has done pretty much whatever it wants in our new energy sacrifice zone—such as the deliberate blockage of oil collection in favor of bringing in “Carolina Skiffs” and huge aircraft to spray dispersants at night. BP lies, our government lies and covers, and the Gulf dies. Evidently, our government’s top priority is limiting BP’s liability.
Nalco is the company that manufactures Corexit dispersant which, despite being banned in the UK because of its toxicity, has been used by the millions of gallons in the Gulf. Corexit has been approved by our EPA—but only for surface use. Well, the EPA illegally issued a permit for BP to inject Corexit at the gushing well head. BP even admitted they used Corexit illegally.
[link to www.globalresearch.ca
[link to www.allgov.com