News Update: BP Reinstalls Containment System Over Gulf of Mexico Leak

Jun 24, 2010 -- BP PLC (BP) said that a containment system on the floor of the Gulf of Mexico was successfully reinstalled over the failed blow-out preventer on the gushing oil well, MarketWatch reported. The containment system had earlier been moved as a precaution after an unexpected discharge of seawater from a diverter valve, the report said. BP shares are down 1.52%, or $0.48, to $29.21