Latest news with #WestNileDelta
Asharq Al-Awsat
17-02-2025
- Business
- Asharq Al-Awsat
BP Starts Production at Second Phase of Egypt's Raven Field
British energy giant, BP, announced on Sunday the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure as part of the West Nile Delta (WND) project. 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.
Daily News Egypt
16-02-2025
- Business
- Daily News Egypt
BP begins gas production from second development phase of Egypt's Raven field
BP has commenced production from the second development phase of the Raven field, a key component of the West Nile Delta (WND) project. This phase involves the subsea tieback of additional Raven infill wells to BP's existing onshore infrastructure. As the project operator, BP holds an 82.75% stake, with Harbour Energy owning the remaining 17.25%. The newly developed wells are expected to yield approximately 220 billion cubic feet of gas and 7 million barrels of condensate. The project was executed safely and ahead of schedule, enabling an accelerated production start. Nader Zaki, BP's Regional President for the Middle East and North Africa, stated: 'Since January 2024, we have not stopped drilling for a single day. The focus of the Raven Infills project has been to counter natural decline, enhance production, and maximize our existing infrastructure to meet Egypt's domestic energy demand efficiently. This achievement underscores BP's commitment to investing in Egypt, made possible through our strong partnership with the Ministry of Petroleum, EGPC, and EGAS.' Wail Shaheen, VP of BP Egypt, said: 'The safe start-up of this project follows our recent success with the El King exploration well. These milestones reflect our ongoing dedication to meeting rising local energy needs by optimizing production from existing resources while continuing to explore new ones.' The WND Gas Development consists of multiple gas condensate fields offshore Egypt, within the North Alexandria and West Mediterranean Deepwater concessions. The Raven field, the final phase of the WND project, has been in production since early 2021. Its initial phase involved the development of eight subsea wells, situated up to 65 km offshore, at depths ranging from 550 to 700 meters.
Trade Arabia
16-02-2025
- Business
- Trade Arabia
bp starts production at second phase of Egypt's Raven field
bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure as part of the West Nile Delta (WND) project. 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 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, commented: 'Since January 2024, we have not stopped drilling for one day. The focus of the Raven Infills project has been to fight natural decline and increase production while maximizing our existing infrastructure to meet Egypt's domestic market demand at pace. This further demonstrates bp's commitment to investing in Egypt, enabled by the unparalleled support and partnership with the Ministry of Petroleum, EGPC, and EGAS.' Zaki,added: "The focus of the Raven Infills project has been to fight natural decline and increase production while maximizing our existing infrastructure to meet Egypt's domestic market demand at pace." Wail Shaheen, VP bp Egypt, added: 'The safe start-up of this project follows our recent announcement of the successful completion of the El King exploration well. 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 WND Gas Development comprises a series of gas condensate fields located offshore Egypt, within the North Alexandria and West Mediterranean Deepwater concessions.
Zawya
16-02-2025
- Business
- Zawya
Bp announces start of production from Raven second development phase
bp has announced the start of production from the second development phase of the Raven field, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure as part of the West Nile Delta (WND) project. 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 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, commented: "Since January 2024, we have not stopped drilling for one day. The focus of the Raven Infills project has been to fight natural decline and increase production while maximizing our existing infrastructure to meet Egypt's domestic market demand at pace. This further demonstrates bp's commitment to investing in Egypt, enabled by the unparalleled support and partnership with the Ministry of Petroleum, EGPC, and EGAS." Wail Shaheen, VP bp Egypt, added: " The safe start-up of this project follows our recent announcement of the successful completion of the El King exploration well. 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 WND Gas Development comprises a series of gas condensate fields located offshore Egypt, within the North Alexandria and West Mediterranean Deepwater concessions. The Raven field, the final phase of the WND project, has been in production since early 2021. Its initial phase included the development of eight subsea wells, located up to 65 km offshore, at water depths ranging from 550 to 700 meters.
