Page 2 - Capping Stack News Today

That means they have to pass under lots of bridges look the way, including this bridge right here, which weve marked on the map called the st. johns bridge. what happens happen too long is on that bridge or more specifically underneath it. it started this weekend, which this ship right here pulled into portland under the cover of darkness, you see the lights gleaming in the darkness there. thats a shell oil icebreaking. its key to shells efforts to try to drill the arctic for oil this summer. th...

Three months on the gulf of mexico floor. according to a federal judge three billion barrels of oil spewed into the water damaging coastlines from florida to texas. that same judge ruled bps gross negligence and willful misconduct were to blame for the disaster. five years later bp tells us many lessons were learned. new technology has been implemented across the industry like enhanced blowout preventers. this giant piece of gear youre looking at now, developed by bp, and it is designed to preve...

Disaster. that new equipment has been developed, new technologies have been implemented, not just by the this oil giant but across the entire industry. youre looking at what is called a capping stack, a giant containment type vessel stories tall, that could now be deployed on top of a well head to stop a gusher like we saw here five years ago. also, enhancements were made to another vital piece of equipment. listen. >> one of the changes we made was to require all of our blowout preventers offsh...

A headline for that hour, that minute, the next day, that, you know, this was a problem that was going to take some time to fix, but of course the media can be very impatient and you were the guy taking the questions. >> well, youre absolutely right. they want information every day. theres a 7 by 24 hour news cycle that needs to be filled but some of these things take a period of time. it took -- from the day the rig sunk, it took 85 days to build that capping stack, put it on and have it be suc...

Sense." thats what he said. >> breaking news tonight, no one down here is celebrating just yet. what you see is the new capping stack on top of bps broken well. what you dont see not anymore is that huge cloud of oil leaking into the gulf. >> i grabbed the mike and told the people, and there was a loud cheer and applause. you could see it on the face of the fishermen, the feeling of finely theres light at the end of the tunnel. >> and with that, it ended. and thats the work of our producer and k...

Thats what he said. >> breaking news tonight, no one down here is celebrating just yet. take a look. what you see is the new capping stack on top of bps broken well. what you dont see not anymore is that huge cloud of oil leaking into the gulf. >> i grabbed the mike and told the people, and there was a loud cheer and applause. you could see it on the face of the fishermen, the feeling of finely theres light at the end of the tunnel. >> and with that, it ended. billy is with us. you saw him about...

>> this will significantly improve our situation regarding the amount of oil coming to the surface while we finish the relief wells, which are the final solution. >> is bp confident that this is going to work? >> they certainly sound confident. why didnt they try this before? i asked bp that today. youre going to love this, anderson. bps chief operating officer said today when he looks back at the steps taken and the order of them, he thinks most people would think they "make a lot of sense." th...

Whatever it takes, for as long as it takes to stop this catastrophe. >> breaking news, we start with the first time since the deep water horizon exploded and sank, a development that could be major as we look at live pictures, engineers might soon be able to stop every drop of oil from leaking into the gulf. >> this will significantly improve our situation regarding the amount of oil coming to the surface while we finish the relief wells, which are the final solution. >> is bp confident that thi...

Administration moratorium in the gulf of meblgsco. meanwhile, officials plan to remove the capping stack on bps well. theyll soon begin recovery of the blowout preventer that failed to stop the worst oil spill in history. well its 32 minutes past the hour. weve fold him for months, and now werevy sergeant randy shorter as he hits the ground in afghanistan. >> this deployment is his third tour of duty. jason carroll joins us on the phone from afghanistan. with the ongoing series kwp a soldiers ...

So-called bottom kill. more mud and cement will be injected into bedrock 2 1/2 miles below the sea floor. this as new estimates are out at the bp price tag. the company could be fined as much as $21 billion if it is found to have committed gross negligence or willful misconduct. the fine could drop to $17.6 billion if the government credits the company for the oil it has already recovered. joining us once again tonight, former oil executive, bob cavnar, who writes about the industry at dailyhurr...