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Originally Posted by MaDalton
according to what i read the owner of the oil rig saved $500K on a security valve that is mandatory everywhere in the world but in the U.S.
and it gets really ironic when you read their statements about environment safety: http://www.deepwater.com/fw/main/Environment-81.html |
It should also be noted that Shell and other companies install it regularly in the US even though its not mandatory, BP however, does not install them because its 500k and its "too expensive.
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Early investigations have revealed that BP did not bother to install -- and that U.S. regulations do not require -- a backup device to provide another layer of protection in case the "fail-safe" shutoff valve failed (which is exactly what happened). Brazil requires such a device, and oil companies like Shell install it routinely even in the U.S. BP didn't because, at $500,000, it was "too expensive."
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