Oil & Gas Journal

Beacon Offshore Energy has let a contract to Transocean Ltd. for use of its newbuild ultra-deepwater drillship, the Deepwater Atlas, for the US Gulf of Mexico Shenandoah project.

Bengal Energy Ltd., Calgary, has a plan for an oil and gas development in its four recently acquired 100%-owned petroleum leases in the Queensland sector of the Cooper basin.

bp PLC will relinquish A1 block, offshore Gambia, after failing to meet contract obligations.