Israel has delayed a key bid round. Interest is limited given geopolitical headaches meaning even large discoveries have yet to move to development.

Israel’s ongoing 24-block bidround will now close on 10 July. Launched last November, with much of the country’s offshore on offer (see map, MEES, 6 January), only four firms have so far purchased the $50,000 tender package: Italy’s Edison, Greek Energean, Spain’s Repsol and private Israeli firm, Dor Alon.

Edison and...