Source: Spencer Swartz / The Wall Street Journal
BP PLC’s report on its investigation into the Deepwater Horizon disaster will assign some of the blame to itself but also hold other companies responsible for the various decisions that led to the explosion, according to a person familiar with the matter.
It remains unclear how much of the blame will be shouldered by BP in the report, which will be released Wednesday. The company has positioned the report as an objective assessment of events leading up to the April 20 explosion of a drilling rig that killed 11 workers and damaged a well, which unleashed nearly five million barrels of crude oil into the Gulf of Mexico.
The report finds BP facing a tricky balancing act. The British company risks exposing itself to greater legal liability if it assumes a large part of the blame for the disaster, but if it doesn’t do this it likely would be accused of evading responsibility. Meanwhile, parceling out blame to other companies involved in the well risks drawing blowback from them. BP officials and legal analysts say the company is trying to be careful to avoid letting the findings devolve into more mud-slinging.
The BP probe, led by company safety chief Mark Bly, is being closely watched for how it allocates responsibility for the deadly incident. Mr. Bly’s report, assembled by roughly 70 people, most of them BP employees, is expected to run about 200 pages. The investigation team was walled off from the rest of the company in a bid to isolate it from influence by top executives.
To read this article in its entirety visit The Wall Street Journal.
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