Activity is starting to pick up in the Gulf of Mexico. Operators are awarding development contracts, companies are bidding on new acreage and bits are spinning in the shallow waters off Mexico. Kat Schmidt gives us the lowdown on ownership changes and contract awards for the Chevron-operated Tigris project and recaps an intriguing US lease sale, plus continued fallout from the ATP bankruptcy, which turned into another bankruptcy and now has Statoil footing an unwelcome bill. A payday for Eni in Mexico, and more, this week on The Bit. Read more: http://bit.ly/thebit97