BDS claims win as energy giants quit Israeli gas project off Gaza

What the report says

The Boycott, Divest and Sanctions movement is portraying a new setback for an Israeli-led gas project off the coast of Gaza after a second international company withdrew from the venture, according to Al Jazeera. The report says the exit is being framed by campaigners as a win for BDS, though the article does not identify the departing company in the snippet provided.

The project concerns offshore gas reserves in waters that Palestinians claim, making the issue part of a wider dispute over access to natural resources and sovereignty in the area. Al Jazeera’s coverage highlights that the project has drawn attention not only because of commercial interests, but also because of the political and territorial claims attached to the gas fields.

The timing of the reported withdrawal was Nov. 12, 2026. While the limited text does not spell out the reasons for the company’s decision or the project’s next steps, the development appears significant because it may affect the viability of the gas initiative and reflects pressure from advocacy campaigns targeting businesses linked to Israeli activity in contested areas.

Al Jazeera said its reporter Mikail Malik spoke with campaigners about who controls the reserves. As a broader context, offshore energy projects in disputed maritime areas often become entangled in legal, political and activist disputes, especially where control of natural resources is contested.