BLV 0.00% 1.6¢ blossomvale holdings ltd

The oil spill in G. of Mexico is now a disaster of huge...

  1. DSD
    15,799 Posts.
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    The oil spill in G. of Mexico is now a disaster of huge dimensions. BP will be paying hundreds of millions to fix leak and complete a huge cleanup. Could also be liable for massive damage claims.
    Some firms will obviously benefit from this offshore oil spill. I have no idea which firms BP will utilise.
    My query is twofold:
    1)will this disaster deter other companies from offshore oil exploration?
    2)will the spill provide more work for underwater specialists who conduct safety-checks and maintainance on underwater pipelines, platforms and rigs?
 
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