BP Biobutanol LLC in 2009. In 2009, BP obtained a production contract during the 2009/2010 Iraqi oil services contracts tender to develop the Rumaila field with joint venture partner CNPC, which contain an estimated of oil, accounting for 12% of Iraq's oil reserves estimated at . In June 2010, the BP/CNPC consortium took over development of the field, which was the epicentre of the 1990 Gulf war. On 1 October 2010, Bob Dudley replaced Tony Hayward as the company's CEO after the Deepwater Horizon oil spill. After the oil spill BP announced a divestment program to sell about $38 billion worth
Gulf War oil spill Gulf War oil spill The Gulf War oil spill was one of the largest oil spills in history, resulting from the Gulf War in 1991. The apparent strategic goal was to foil a potential landing by US Marines. It also made commandeering oil reserves dangerous for US forces as visibility and movement were inhibited. The immediate reports from Baghdad said that American air strikes had caused a discharge of oil from two tankers. Coalition forces determined the main source of oil to be the Sea Island terminal in Kuwait. On January 26, three US F-117 fighter-bombers destroyed pipelines to prevent