No. 47

20 November 2000


BG To Drill Second Well Offshore Gaza In December While Considering Israeli Deepwater

BG International plans to begin drilling a second well in Palestinian waters about 30km west of the Gaza Strip in December, a company spokeswoman said on 14 November, and a drilling rig is being towed to the Marine-2 site in anticipation of a go-ahead from the Israeli Defense Ministry. Following discovery of gas reserves estimated at 60bn cu ms (BCM) at its...