Given the hydraulic fluid mention I was also speculating that a gigapress might be involved.
Like everyone commenting I am always amazed at exothermic events that can't be put out by water or CO2. The only one I've ever seen "in person" (other than the obligatory set some magnesium on fire in chemistry) was a halon dump on an IBM System 370 when the water coolant system burst a pipe and shorted the many bus bars. That one triggered a 15 second siren followed by a halon dump. I found it quite exciting, the plant manager, not so much.