It's not that easy to motivate foreign companies to invest lots of money, equipment and effort (opportunity cost vs using the same things in other oil fields) after you've recently nationalized their previous investment.
Trust is slow to build and fast to lose, they're now facing direct consequences of their earlier actions, and a reversal would likely come only after a regime change.
Trust is slow to build and fast to lose, they're now facing direct consequences of their earlier actions, and a reversal would likely come only after a regime change.