BP expects to install new cap on Gulf leak Monday: exec

HOUSTON (BestGrowthStock) – 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. (Reporting by Kristen Hays)

BP expects to install new cap on Gulf leak Monday: exec