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. The gas is pumped through the newly established onshore facilities of the Raven field and then to the national gas network. Production on the second phase started from the Giza and Fayoum fields in February 2019, with initial production rates of 400 million cubic feet per day, which later reached about 600 million cubic feet daily.

Source: Egypt Independent April 27, 2021 11:15 UTC