Bud's Offshore Energy (BOE)

Helix Q4000

Helix’s system, a competitor to a project led by Exxon Mobil Corp that is still in the planning stages, is built from equipment that was used to siphon oil from the sea floor after BP Plc’s Macondo well ruptured on April 20. Reuters article

Interesting. We don’t know the details, but this would seem to be a cost-effective approach that could be quickly implemented.