BP Starts Production at Second Phase of Egypt's Raven Field
BP, the operator, holds an 82.75% stake in the project, while Harbour Energy owns the remaining 17.25%.
The new wells are expected to produce approximately 220 billion cubic feet of gas and 7 million barrels of condensate, the company said in a statement.
The project was safely executed ahead of schedule, allowing for an accelerated start of production.
Nader Zaki, BP Regional President for the Middle East and North Africa, said: 'This further demonstrates BP's commitment to investing in Egypt.'
Wail Shaheen, VP BP Egypt, said: 'This series of achievements embodies our ongoing commitment to helping meet the increasing local energy demand by optimizing production from available resources while adding new ones.'
The West Nile Delta Gas Development comprises a series of gas condensate fields located offshore Egypt, within the North Alexandria and West Mediterranean Deepwater concessions.
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