BP announces it will operate Raven gas field in Mediterranean ...Egypt

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The British gas and oil excavation company BP announced it will operate the Raven field as part of the third phase of the West Nile Delta Development Project on the Mediterranean Coast, at a cost of about nine billion US dollars. It includes five gas fields belonging to the northern Alexandria and western Mediterranean concession areas. The field currently produces about 600 million cubic feet of gas per day, and has the capacity to produce about 900 million cubic feet of gas per day, in addition to nearly 30,000 barrels of condensate per day when gas production from the field peaks. This comes after the start of production in the “Giza – Fayoum” fields in 2019, as well as the “Torus – Libra

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