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June 17, 2010
14 pages, where we talk about the crazy well and the nightmare well. quite frankly, bp blew it you cut corners to save money and time. and as the chief executive officer of bp, as i stated in my opening, you called for a leaner decision-making process, you called for fewer people in the decision-making process. you stated individuals need to be accountable for risk and to manage risk. therefore, bps leadership manage their risk in this well? did you manage your risk properly? >> since ive been t...
June 17, 2010
The deep water horizon and resulting oil spill in the gulf of mexico never should have happened. im deeply sorry that it did. >> do you expect to be ceo of bp much longer? >> at the moment, im focused on the response. >> do you disagree with the conclusion that this was a riskier, to use this particular well lining. >> im not prepared to draw conclusions about this accident until such time as the investigation is concluded. >> this is an investigation. thats what this committee is doing is inves...
June 17, 2010
Of that. hayward said he wasnt involved in the decision making process and he wants to reserve judgment until the investigation is concluded. chairman waxman finally asked are you failing to cooperate with other inquires the way we are seeing here this stonewalling that youre giving us. hayward said he wasnt stonewalling. after the recess in which we are currently in right now and we expect it to end in a few minutes we caught up exclusively with chairman waxman and i asked him if he wasnt prepa...
June 17, 2010
Tony hayward swore to give -- >> the truth, nothing but the truth the matter pending before the committee? >> reporter: but what bp lauemakers was a whole lot of this. >> i wasnt part of the decision-making process on this well. i had no knowledge of the drilling of this wall. i wasnt involved in any decision making. >> the goal? get more information up to decisions leading up to deep water horizons explosion. bp putting profit ahead of safety. democrats tried -- >> can you tell us under oath th...
June 17, 2010
A result of things you encountered in your investigation of deep water? >> my apologies. as we learned from our investigation we will make appropriate changes as i already indicated. >> are there any changes ongoing right now? >> the ones i talked about are ongoing. >> let me ask you this. now the question came up about centralizers and someone said they rather push more cement or squeeze more cement than get something stuck. im not technically savvy enough to know exactly about that, but, if th...
June 17, 2010
Complete, well draw the right conclusions. if there is any point -- >> you have had 59 days and you are not exactly moving with fever pitch here. do you believe bp was drilling the well following the best safety practices when you were promoted to ceo a couple years ago. >> i had no reason to conclude that wasnt the case. if i found anyone in bp put costs ahead of safety, i would take action. >> do you believe the decisions made regarding deep water horizon on and leading up to april 20, such as...
June 17, 2010
Through mr. dingles questions. then well recess. >> thank you, mr. chairman. mr. hayward, you had two choices using single casing or tie-back. the risks are substantial associated with single casing, which is what bp chose. please answer yes or no. can you assure us that under oath that was not a decision made to save time and money? >> i wasnt part of that decision making process. >> im sorry? >> i was not part of that decision making process. so i cant possibly know the basis on which that dec...
June 17, 2010
Accent. here he is. the ceo of bp. >> i was not a part of that decision making process. i was not involved in that decision. i cant possibly know the basis on which that decision was taken. im afraid i cant recall that. i dont recall that either. i was not involved in the decision making. i cannot answer you question in that form. i cant recall that number. i cant answer that question because i wasnt there. im afraid i cant recall. im i fradafraid i cant recall either. i dont know. >> im thinkin...
June 17, 2010
What we seem to be getting today. >> im not stonewalling. i simply was not involved in the decision making process. there is nothing ive seen in the evidence so far that suggests that anyone put cost ahead of safety. if they are, well take action. >> in a recess, they told fox news that hayward was acting if he had no opinion. isnt it appropriate for him to wait for result of investigations? is that unreasonable? >> how are any investigations going to take place if he will not participate to giv...
June 17, 2010
I want to go back to the safety issues, i mentioned that in my opening statement to you. im one of those individuals that grew up down on the gulf coast. and then moved away. im familiar with people working offshore, if you will. and what i would like to know from you, have you been briefed on the safety issues and the safety concerns and then if you were a part of the decision-making process on what would be considered the best operating practices, were you a part of the chain of command and wh...