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Posts on ‘July 26th, 2010’

A close call for Shell on North Sea platform

On 11 May 2010, just weeks after the Gulf of Mexico disaster, Shell had a very narrow escape on the NAM-L13-FE North Sea platform that could have killed many people. There were 71 persons present at the time of the incident. Fortunately, none were injured. There was however significant damage to the platform. Article by [...]

Hayward Fell Short of Modern CEO Demands

THE WALL STREET JOURNAL JULY 26, 2010 By PAUL SONNE LONDON—In three short months, BP PLC Chief Executive Tony Hayward learned what it meant to become the face of disaster. Until this spring, Mr. Hayward was a brainy geologist leading a seemingly successful turnaround of BP’s sluggish operations and positioning it to compete more effectively [...]