Egypt Accelerates Gas Output as BP Fast-Tracks Offshore Drilling

Egypt has accelerated natural gas production from two new wells in the Raven gas field in the Mediterranean Sea, with output beginning in February 2025, three months ahead of schedule, according to the Ministry of Petroleum and Mineral Resources. 

British Petroleum completed drilling the wells using the Valaris DS-12, an ultra-deepwater drillship built for offshore oil and gas exploration. The swift development at the Raven field aligns with Egypt’s broader strategy to expand natural gas production, drive economic growth, and draw international investment.

The new Raven wells are expected to contribute up to 200 million cubic feet of gas per day, with total investments in the Raven expansion reaching USD 200 million (EGP 9.95 billion). This output will be integrated into the existing West Nile Delta infrastructure, allowing for efficient delivery to the domestic market and advancing Egypt’s goal of raising natural gas production to 6 billion cubic feet per day by the end of 2025, up from 4.6 billion in 2024.

“This discovery reaffirms our commitment to exploring and appraising gas resources that bolster Egypt’s energy security and economic growth,” said Nader Zaki, BP’s Regional President for the Middle East and North Africa. “With our established infrastructure, strong execution capabilities, and strategic collaboration with the Ministry of Petroleum, we are well-positioned to fast-track the development of this discovery and supply gas to the domestic market efficiently.”