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The war in Gaza is expected to hold up the exploration of blocks offshore Israel that were recently awarded to Azerbaijan’s state oil and gas company Socar in partnership with BP and Israel’s NewMed Energy, industry analysts say. As it stands, the deal marks the first overseas upstream investment by Socar. But neither Socar nor BP have commented publicly on the awards announced by Israel’s energy ministry at the end of last month. Learn more >> https://bit.ly/3SNx8NB #Israel #socar #newmedenergy #bp #oilandgas #offshore #exploration #IsraelHamasConflict

Socar, BP Sidelined in Israeli Exploration Bid

Socar, BP Sidelined in Israeli Exploration Bid

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