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BP Giant Box Close to Ready
Friday, May 7, 10:38 AM ET

The giant box built to contain the oil spill in the Gulf of Mexico is close to being put into position.

The structure is being slowly lowered to the the 5,000 foot depth to the source of the spill, which is a pipe gushing oil. At dawn, the box was already 4,000 feet under water. Robots are placing buoys around the main oil lead to act as markers during the complex operation.

The box is designed to contain up to 85 percent of the 200,000 gallons of oil coming out of the well daily, and funnel it into a tanker above. If successful, a second box being built will be placed over a second, smaller leak.

BP, which leased the rig from operator Transocean, is responsible for cleaning up the spill, the largest since the Exxon Valdez disaster off the Alaskan coast in 1989.

For MarketNewsVideo.com, I'm Sayoko Murase.

BP Giant Box Close to Ready picture
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