Israel's NewMed Energy has announced that the buy-in offer from BP and ADNOC is on hold amid the ongoing conflict with Hamas in Gaza. BP has halted discussions on a $2 billion deal to invest in an Israeli gas field due to the war. Additionally, NewMed Energy's deal with UAE is also suspended amidst the 'uncertainty' in Gaza. BP is now in talks with Venezuela and Trinidad governments for gas field development.
BP in talks with Venezuela and Trinidad governments to develop gas field https://t.co/WMshkJzRZI https://t.co/MpgJPmp19i
BP in talks with #Venezuela and #Trinidad governments to develop gas field https://t.co/UdcG2rxRlx
Israelās NewMed Energy says UAE deal suspended amid Gaza 'uncertainty,' @Adam_Lucente reports https://t.co/wBnMaj2g3n
BP has halted talks on a $2bn (Ā£1.56bn) deal to invest in an Israeli gas field as the war with Hamas rages on in Gaza https://t.co/GgMgcEMBHf
#Israel's NewMed says BP, ADNOC buy-in offer on hold https://t.co/IantuTQ0Sm
Israel's NewMed says BP, ADNOC buy-in offer on hold https://t.co/1bdk2fqzK7 https://t.co/h7RXyUo9Bp