The British Petroleum (bp's) effort to close the blowout preventer and install a containment dome following an explosion on the deepwater horizon drilling rig is an example of regulatory policy change.
The deepwater horizon drilling rig is a semi-submersible, transportable, floating, flexibly oriented drilling rig that could work in sea depths of up to 10,000 feet which is approximately 3,000 meters.
During the explosion that occurred in April 2010, British Petroleum made several efforts to contain the damages made and to prevent further outbreaks of disasters.
Part of the changes was shifting from a blowout preventer that has a specialized valve to seal, manage, and monitor oil and gas wells in order to prevent blowouts to a containment dome (a crucial component of a system meant to control an oil well's underwater blowout).
Therefore, we can conclude that the British Petroleum (bp's) effort to close the blowout preventer and install a containment dome following an explosion on the deepwater horizon drilling rig is an example of regulatory policy change.
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