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 of Mexico Coast Guard Rear Adm. Sally Brice O'Hare stated that the U.S. government will be "employing booms, skimmers, chemical dispersants and controlled burns" to combat the oil spill. By May 1, 2010, the oil spill cleanup efforts were underway, but hampered by rough seas and the "tea like" consistency of the oil. Cleanup operations were resumed after conditions became favorable. On May 27, 2010, The USGS had revised the estimate of the leak from to 12,000– an increase from earlier estimates. On July 15, 2010, BP announced that the leak stopped for the first time in 88 days. In July 2015