No 2



BG In Talks With Gal B Consortium On Deepwater Well As IPE Withdraws

BG, the operator of Israels offshore Gal B Block, has proposed to its consortium partners drilling an exploration well on the deepwater acreage during 2003 (for map, see MEES, 8 November 1999). The Gal B partners are due to make a decision on the plan by 4 February. The partners had postponed a decision to drill at the end of 2002 due to uncertainty over government plans to change the fiscal...