Docellen- a diverter is commonly used on floating rigs while you are drilling surface hole, before the BOP is estabilished (you have to get to a certain depth to provide a strong enough foundation for the BOP).
A diverter is typically a 3000psi rated annular and immeditely below it the riser has two side outlets with interlocked valves on each. These side outlets go overboard to each side of the rig. The diverter actuated, and the annular closes and one of the side outlet valves is opened to divert any flow to the downwide side of the platform, hopefully giving everyone enough time to get to muster and get off the rig.
A diverter is the defence against "shallow gas" thin, isolated pockets of gas in the top 500ft or so of sediment. Shallow gas scares the shit out of the offshore drilling industry because it is so dangerous- as well as the fact that there isn't a BOP, there's also the issue of loss of bouyancy due to the gas in the water column- there's a famous and terrifying video clip of (I think) the Sedco 711 fractically trying to get off station while the sea 'boils' around it... you can see the entire rig listing badly as it looses bouyancy on one side. The issue of loss of bouyancy is the main resistance to the idea of subsea diverters (which have been suggested).
So, traditionally, once the subsea BOP was on the wellhead and tested, everything was OK, as the BOP would always work- 100% redundancy on the separate rams and annulars, 100% redundancy on the control systems, and then 100% redundancy on the emergency control systems (when I started drilling 15 years ago emergency BOP control systems weren't really known). This is what everyone I talk in drilling to wants to know: why did the Deepwater Horizon's BOP fail????
A diverter as well as the BOP might become law; but remember that everyone except the guys on the drill floor and pump room got off the Deepwater Express, and that the gas bubble would still have arrived at the surface if the rig had had a diverter as well as the subsea BOP (they didn't shut the well in when there were indications that the well was starting to flow 20 mins before the explosion, so I doubt they would have shut a diverter either). Finding out why the gas exploded when everything is supposed to be EXd zone rated would be a better solution.
I was chatting about this to a guy who is now an OIM on a North Sea platform (I wont't say which one) and he said that in the 80's this platform had a gas leak: 3,000,000scf. The only thing that stopped it being a second Piper was the gas was above the Upper Explosion Limit, and the production techs had enough time to cut off all electrical power to the entire platform. In the internal investigation afterwards, they realised that almost all the lighting in the accomdation block and even some of the lighting outside in the drilling and production modules was just bare wire connections.....