The Effect of Macondo Blowout on risk analysis and risk management

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Just left it for you, It was an amazing to do research and find out the genesis of the Macondo blouwout. This tragic accident has called for profound transformation; new technologies have been introduced, new bodies and entities created while various policies, regulations and standards have been revised. On the other hand, commissions have been created and the experience obtained from Macondo accident is being used to improve safety and emergency preparedness in relation to drilling and well operations