Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. BP Says Progress Made on New Oil Leak Cap VOA News 11 July 2010 Capping stack BOP will attach to well bore to be able to stop flow and divert to vessels. This capping stack has been under construction for approx 2 months at the Cameron facility in Berwick, LA. Photo: BP Capping stack BOP will attach to well bore to be able to stop flow and divert to vessels. This capping stack has been under construction for approx 2 months at the Cameron facility in Berwick, LA. Oil company BP says it is making progress in installing a new containment cap over an undersea well spewing massive amounts of oil into the Gulf of Mexico. BP said Sunday it is lowering what it called a transition spool onto a leaking pipe that must be bolted into place before it can connect a giant funnel, called a capping stack. The company says the new containment system will take four to seven days to install and will allow ships on the surface to capture virtually all of the leaking oil. It says a new containment ship called the Helix Producer will begin capturing some oil later Sunday. BP began the operation Saturday by removing a previous cap that loosely covered the leak and allowed the company to siphon some oil to surface ships. The cap's removal released a torrent of oil into the water that is expected to continue until the new cap is in place. The spill is the largest ever in U.S. waters. It has fouled huge expanses of the U.S. Gulf coast, wreaked havoc on birds and sea creatures, and devastated U.S. fishing, tourism and other industries. The administrator of a $20 billion BP fund to help affected Gulf residents says the company is speeding up the processing of damage claims. Ken Feinberg says BP will offer eligible claimants a payment equivalent to six months' worth of losses rather than month-by-month payments. BP has been drilling two relief wells to permanently plug the leak, but the first well is not expected to be ready until mid-August. The leak began after an explosion destroyed oil rig BP was operating and killed 11 workers. U.S. Attorney General Eric Holder said Sunday the Justice Department has started interviewing witnesses as part of a criminal and civil investigation of the oil spill. Some information for this report was provided by AP, AFP and Reuters. ****[1]Live feeds from ROV References 1. http://www.bp.com/liveassets/bp_internet/globalbp/globalbp_uk_english/incident_response/STAGING/local_assets/html/OceanInterventionROV1.html .