VOL. XLIV
No. 02
8-January-2001
ISRAEL
Isramco Acquires Stake In BGs Offshore Permits As Government Grants Additional Licenses
Israels Isramco signed an agreement on 18 December with BG International and its partners Middle East Energy and Granite Hacarmel to take a 10% stake in the Gal A, B, and C deepwater licenses off Israels southern Mediterranean coast (For Map, see MEES 25 December 2000/1 January 2001). Explaining the purchase as an effort to diversify offshore investments, Isramco...
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