Cairo: British Petroleum (BP) has officially begun production from the second development phase of the Raven field, a key component of the West Nile Delta project, according to the company’s latest announcement. This phase includes the subsea tieback of additional Raven infill wells, which are now connected to BP’s existing onshore infrastructure. The project is projected to yield approximately 220 billion cubic feet of gas and 7 million barrels of condensate, reinforcing gas supply to Egypt’s local market and enhancing the country’s energy sector with high-value natural gas resources.

According to State Information Service Egypt, Prime Minister Mostafa Madbouly emphasized the government’s close oversight of developments in the Zohr gas field, as part of efforts to restore normal production levels. He also noted that officials from Eni, the Italian energy company, anticipate new gas discoveries in Egypt within the next two years, further solidifying the nation’s position in the energy sector.

In a related development, British Petroleum (BP) and the Metallurgical Industries Holding (MIH) signed an agreement in January to restart operations at the Egyptian Anode Blocks Company. The Holding Company for Metallurgical Industries, along with its affiliates under the Ministry of Public Enterprise, holds a 75% stake in the company.

As part of a five-year agreement, BP will invest $20 million in maintenance and maximizing production capacity, further contributing to Egypt’s industrial and energy sectors.