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Old 07-12-10, 02:13 PM   #1
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Post BP expects to install new cap on Gulf leak Monday: exec (Reuters)



Work continues as oil leaks from BP's Gulf of Mexico well after the oil containment cap was removed so it could be replaced with a bigger cap, in the Gulf of Mexico, in this frame grab captured from a BP live video feed July 10, 2010.

Reuters - BP Plc expects to install a new cap on its gushing Gulf of Mexico oil leak later on Monday, a company executive said.

The company also started up a new vessel to siphon up to 25,000 barrels a day from the wellhead Monday morning, said Doug Suttles, chief operating officer of exploration and production for BP. "We did begin oil collection late this morning," he said.

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