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XV.        Policies and Practices of Involved Companies


                              A.     BP’s Policies and Practices

                          The Panel’s investigation found that, at the time of the blowout, BP had a
                   number of carefully documented policies and practices addressing drilling
                   operations, change management, safety and risk management.

                          According to BP, during 2010 it was in the process of implementing a
                   comprehensive, company‐wide approach to management called the Operating
                   Management System (“OMS”).  OMS was and is intended to “provide a
                   standardized approach that promotes effective and consistent risk management
                   across the company.”
                                          424

                          Under BP’s OMS, local business units are responsible for implementing
                   their own OMS.  BP’s drilling and completions unit in the Gulf of Mexico issued
                   its local OMS in November 2009.   Gulf of Mexico drilling operations are also
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                   guided by BP’s DWOP manual and its “Beyond the Best” manual.  BP drilling
                   operations must also follow the Company’s “golden rules” of safety.

                                   1.    BP’s Risk Assessment Policies

                          BP has recognized that “[t]he identification and mitigation of operating
                   risk is a key element of OMS” and has touted a number of its risk assessment and
                   management tools.   In January 2009, BP issued a company standard on
                                       426
                   assessment, prioritization and management of risk (January 2009 standard).  This
                   document recognizes that “[i]nconsisent or ineffective identification and
                   assessment of risk to health and safety of people, the environment and operating
                                                                                 427
                   performance can create many issues for the organization.”   The stated purpose
                   of issuing the January 2009 standard was to “provide a consistent approach to
                   risk management to target resources most effectively for continuous risk
                   reduction.”
                               428



                   424  BP Submittal to the National Commission on the BP Deepwater Horizon Oil Spill and Offshore
                   Drilling, entitled “BP’s Commitment to Safety” (“BP Commitment to Safety Submission”).
                   425  BP‐HZN‐MBI00208572.
                   426  BP Commitment to Safety Submission.
                   427  BP–HZN‐MBI00195284.
                   428  Id.


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