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
Volume and extent of the Deepwater Horizon oil spill in August 2010. USF's David Hollander remarked, "Oil's presence on the ocean floor didn't diminish with time; it grew" and he pointed out, "the layer is distributed very widely," radiating far from the wellhead. In 2013, some scientists at the "Gulf of Mexico Oil Spill and Ecosystem Science Conference" said that as much as one-third of the oil may have been mixed with deep ocean sediments and dragged to the bottom of the ocean floor where it remains, risking damage to ecosystems and commercial fisheries. Oil at or near the site of the spill following well closure has suggested to